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$460,203

NAL Estimated Property Value

281 Enchanted Dr, Enchanted Oaks, TX, 75156

$598,264 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,368 Sq Ft
price_per_sqft$187.92 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven
FlooringVinyl

Building Information

Year Built2003
Garage Spaces2

Land Information

APN2710-0013-0050-32
Lot Number5
SubdivisionEnchanted Oaks (588)
Land UseResidential
Legal DescriptionLT 5 & W AB 487 J MENDOZA SUR, ENCHANTED OAKS, BLK M LT 5 & W/2 & E/2 OF 4 B/83
Census Tract950904
Assessed Land Value$15,000
Assessed Improvement Value$445,203
Assessment Year2025

About this property

10k in closing cost!!!!!! Make your Dreams Reality! This Home sits steps away to Cedar Creek Lake in Enchanted Oaks! Bring your boat and jet skis because the community boat dock is within walking distance to summer fun! This turn key property is ready for your entire family or perfect vacation home. The bunk room allows for kiddos or family guest to enjoy their stay with personal space. As soon as you walk in the door you will be stunned by the open concept high end kitchen with Granite, gas cooktop, top of the line appliances, gas fireplace, modern barn doors, family safe room, split bedroom, and bonus room made perfect for a sunroom, office or gym! Ready to start new memories? I promise you this home wont disappoint!

Investor Tools

Property Icon
$460,203
Estimated Property Value
$222,453Estimated Mortgage Balance
$237,750Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$598,264
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,761 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,453
$460,203
2025
$15,000
$445,203
$460,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,453
$460,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Datcu Cu
Conventional
$235,000
No
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,453
$237,750
51%
48%
$1,409/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Enchanted Oaks

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281 Enchanted Dr | Property Details | No Agent List