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$241,550

NAL Estimated Property Value

2834 Millikan Dr, Converse, TX, 78109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.52 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringVinyl

Exterior

Lot Size4,600 sqft

Building Information

Year Built2022
Stories1
Roof Type109
Garage Spaces1

Land Information

APN18225-025-0100
Lot Number10
SubdivisionPaloma Subd
Land UseResidential
Legal DescriptionNCB 18225 (PALOMA UT-13), BLOCK 25 LOT 10 2022-NEW PER PLAT 20002/822-823 FILED 6-17-2021. CR-53420. JLF/GIS/1-6-2022
Census Tract131802
Assessed Land Value$51,580
Assessed Improvement Value$189,970
Assessment Year2025

About this property

This well-maintained, gently lived-in 3-bedroom, 2-bathroom home is a gem! Located conveniently near major highway access toward New Braunfels and Austin, it offers easy commuting and is close to new shopping centers, providing both comfort and convenience. Perfectly suited for families or anyone seeking a move-in-ready space, this home is designed for relaxed living.

Investor Tools

Property Icon
$241,550
Estimated Property Value
$207,670Estimated Mortgage Balance
$33,880Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,449 /month
Positive
Cash Flow Estimate:
$483 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$160/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,665
$241,550
2025
$51,580
$189,970
$241,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,665
$241,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$222,068
Yes
First
Nov 18, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,670
$33,880
14%
86%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,492/mo
+$488/mo
9.8%

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: Converse

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2834 Millikan Dr | Property Details | No Agent List