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$338,000

304 Preakness Ln, Ponder, TX, 76259

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.94 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,882 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR702154
Lot Number3
SubdivisionRemington Park Phase 5
Land UseResidential
Legal DescriptionREMINGTON PARK PHASE 5 BLK 9 LOT 3
Census Tract020314
Assessed Land Value$55,986
Assessed Improvement Value$294,160
Assessment Year2025

About this property

This meticulously maintained property is ready for its new owners and presents a fantastic opportunity in a vibrant neighborhood. The seller is eager to negotiate and is offering $5,000 towards closing costs, making this an even more appealing choice. Welcome to this stunning two-story home, featuring exceptional curb appeal—perfect for families seeking comfort and elegance. Enter through a spacious foyer that opens to a versatile office or flex room, a convenient half bath, and a bright eat-in kitchen designed for culinary creativity. The kitchen boasts a generous island, ideal for entertaining and family gatherings. The main-level primary suite serves as a serene retreat, complete with an ensuite bathroom featuring dual sinks, built-in cabinets, a luxurious garden tub, and a large walk-in closet. Upstairs, you’ll find four additional bedrooms and two full bathrooms, offering ample space for everyone. A cozy nook area is perfect for relaxation or study. Step outside to the large, covered patio, ideal for hosting gatherings, while the expansive yard provides plenty of room for outdoor activities. The dog run will be removed, and sod will soon replace all bare spots, enhancing the outdoor space as an inviting retreat. Located minutes from Denton and the Alliance Corridor, this established neighborhood offers quick access to I-35, HWY 380, and local shops and dining. This home provides ample space and flexibility to truly make it your own! Don’t miss the chance to see this beautiful property! It's the ideal setting for creating lasting memories with family and friends—embrace the lifestyle you've always envisioned! Plus, this home qualifies for zero down payment. Don’t let the price hold you back; come visit and experience it for yourself! Check out this stunning property and make your offer today!

Investor Tools

Property Icon
$350,146
Estimated Property Value
$334,823Estimated Mortgage Balance
$23,237Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,101 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$277/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,849
$350,146
2025
$55,986
$294,160
$350,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,849
$350,146

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Fha
$334,823
Yes
First
Jan 2, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,909
$23,237
6%
93%
$2,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,285/mo
$-195/mo
7.2%

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: Ponder

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304 Preakness Ln | Property Details | No Agent List