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$399,900

2515 Buckingham Drive, Heath, TX, 75032

$519,870 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.97 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size13,983 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN5243-000A-0027-00-0R
Lot Number27
SubdivisionWellington Ridge Manor
Land UseResidential
Legal DescriptionWELLINGTON RIDGE MANOR, BLOCK A, LOT 27
Census Tract040507
Assessed Land Value$220,000
Assessed Improvement Value$347,614
Assessment Year2025

About this property

What a gorgeous setting for this 4 bedroom, 3 bath home on .32 acres in Heath! Beautiful tree shaded lot features east facing backyard w-oversized stamped concrete patio, separate graveled play area + storage building. Inside are beautiful wood floors & plantation shutters. Open kitchen-living area w-granite counters, white cabinets w-accent island, ss appliances & tons of counter+cabinet space along with an oversized breakfast area. 2 bedrooms on 1st floor featuring master w-wood floors, large walk-in closet & 2 separate vanities. Guest room w-full bath also on 1st floor. Upstairs are 2 large bedrooms w-walk-in closets, Jack & Jill bath + a HUGE gameroom.

Investor Tools

Property Icon
$576,000
Estimated Property Value
$0Estimated Mortgage Balance
$294,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$519,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,456 /month
Positive
Cash Flow Estimate:
$1,152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$57/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,745
$567,614
2025
$220,000
$347,614
$567,614
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,745
$567,614

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$316,000
No
First
Aug 14, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,315
$294,685
51%
49%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,952/mo
+$1,058/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
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: Heath

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2515 Buckingham Drive | Property Details | No Agent List