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$615,000

2872 Milsons Point Drive, Trophy Club, TX, 76262

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,333 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.61 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,398 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR635106
Lot Number73
SubdivisionThe Highlands At Trophy Club Neighborhoo
Land UseResidential
Legal DescriptionTHE HIGHLANDS AT TROPHY CLUB NEIGHBORHOOD 7 PH 3C ADDITION BLK L LOT 73
Census Tract020321
Assessed Land Value$252,000
Assessed Improvement Value$488,352
Assessment Year2025

About this property

THIS IS THE ONE YOU'VE BEEN WAITING FOR...Completely updated transitional 3 bedroom, 2.1 bath ONE STORY backing to heavily treed Army Corp of Engineer property on a quiet cul-de-sac in highly sought after Highlands At Trophy Club. Features include a private office with custom built-ins, game room with built-in Murphy bed which could also be used as a 4th bedroom, as well as a 3 car garage! Other highlights include: luxury wood-like tile throughout the main living areas, new carpet, freshly painted walls & white ceilings, plus a white kitchen with marble backsplash, pot filler, & gas stove top. There's even a private pool sized backyard! Close to shopping, dining, and the new Charles Schwab complex.

Investor Tools

Property Icon
$740,352
Estimated Property Value
$0Estimated Mortgage Balance
$204,684Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,442 /month
Positive
Cash Flow Estimate:
$1,481 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,407/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,185
$740,352
2025
$252,000
$488,352
$740,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,185
$740,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$583,300
No
First
Jan 6, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$535,668
$204,684
27%
72%
$3,498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,923/mo
$-1,763/mo
3.5%

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: Trophy Club

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