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$325,000

NAL Estimated Property Value

247 Fawn Ridge Dr, Copperas Cove, TX, 76522

$380,290 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,426 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.28 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Plumbed For Ice Maker, Water Heater, Microwave, Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesCovered Patio, Porch
Lot Size6,970 sqft

Building Information

Garage Spaces2

Land Information

APN156487
Lot Number12
Land UseResidential
Legal DescriptionACR: 0.16 BLK 6 LOT 12 ABST: 1454/0563 SURV: ALLEN, PRICE THE VALLEY AT GREAT HILLS LOCCD:100
Census Tract950303
Assessed Land Value$21,260
Assessed Improvement Value$255,850
Assessment Year2025

About this property

Welcome to your new home in the Valley at Great Hills! This stunning new construction by Tippit Homes spans 2426 square feet of beautifully designed living space, combining comfort, style, and functionality. Step inside this 2-story home featuring a thoughtfully designed, up-to-date open lay-out, including 4 spacious bedrooms, 2.5 bathrooms, a media room perfect for movie nights, a game room ideal for entertaining family and friends, and a twin car garage. A soaring, 2 story ceiling welcomes the visitors into the light-filled living room that transitions smoothly into the spacious dining area. An expansive breakfast bar is perfect for snacking or casual family dining. The cook's delight kitchen boasts loads of granite topped counter space and cabinets plus pantry. Primary suite is positioned on the first floor, presenting tiered ceiling, ample wall space, and an attractively appointed bath. a switch-back staircase ascends to the second level that houses the secondary bedrooms, loft/game room, media room, serviced by a full-size bath. The voluminous, covered patio and fully privacy fenced backyard beckon for outdoor enjoyment. Builder will pay up to 2% of the sales price towards the buyer's closing costs. Builder will also pay for the title policy issued by Monteith Abstract & Title and a survey. Additional incentives are offered by the builder's preferred lenders.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$334,710Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$380,289
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,158
$277,110
2025
$21,260
$255,850
$277,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,158
$277,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$340,192
Yes
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,710
N/A
0%
103%
$2,040/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Copperas Cove

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