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Owner Contacts

$944,000

NAL Estimated Property Value

249 Sellmeyer Lane, Highland Village, TX, 75077

Off Market

5 Beds

6 Bath

3,976 Sq Ft

$238.93 / sqft

Built in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2.5

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Gas Water Heater, Ice Maker, Double Oven, Vented Exhaust Fan, Wine Cooler

FlooringCarpet, Ceramic Tile, Concrete, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, RV Hookup, Storage

Lot Size1.47 acres

Building Information

Year Built1974

Stories1

Roof Type105

Land Information

APNR162644

SubdivisionMurray Addn

Land UseResidential

Legal DescriptionMURRAY ADDN LOT 1 ACRES 1.47

Census Tract021513

Assessed Land Value$322,502

Assessed Improvement Value$475,644

Assessment Year2025

About this property

Spacious Highland Village Estate on a rare 1.47 Acres with Pool and Barn Workshop. Welcome to your next opportunity in the heart of Highland Village, Texas! This expansive 5-bedroom, 6-bathroom single-family home sits on a beautifully treed 1.47-acre lot, offering plenty of space and privacy while keeping you close to everything you need. Inside, you’ll find a generous floor plan ready for your personal touches, perfect for those looking to create their dream home. Step outside to enjoy the diving pool, ideal for Texas summers, and a barn with a workshop, providing endless possibilities for hobbies, storage, or projects. Featuring 4 oversized Carport spaces with room for an RV and Boat. RV hook-up on site. Conveniently located near Lake Lewisville, shopping, dining, entertainment, top-rated schools, and major roadways, this property combines peaceful suburban living with everyday convenience. Estate sale - property will be sold as is. Don’t miss this unique chance to own a large piece of Highland Village real estate with incredible potential.

Investor Tools

$944,000

Estimated Property Value

$215,427Estimated Mortgage Balance

$728,573Estimated Equity

77% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,700 /month

Positive

Cash Flow Estimate:

$1,900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,216/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,869

$670,402

2025

$322,502

$475,644

$798,146

Tax History

Year

Tax Paid

Assessed Value

2024

$9,869

$670,402

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ntfn Inc

Conventional

$241,500

First

Oct 1, 2020

Nov 2040

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$215,427

$728,573

77%

23%

$1,448/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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