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$299,987

305 N Elm Street, Leonard, TX, 75452

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,463 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.05 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal
FlooringVinyl

Exterior

Lot Size6,839 sqft

Building Information

Garage Spaces2

Land Information

APN100225
Land UseResidential
Legal DescriptionPARMELE ADDN, BLOCK 6, LOT PT OF 6,7,8, ACRES .157
Census Tract950701
Assessed Land Value$43,500
Assessment Year2025

About this property

*** NEW CONSTRUCTION*** Sleek, stylish, and move-in ready—this newly built home delivers a fresh, modern aesthetic with thoughtful touches throughout. From the moment you step inside, you’re greeted by soaring vaulted ceilings, warm wood tones, and a spacious open-concept layout that makes everyday living and entertaining effortless. *** The designer kitchen steals the show with dramatic marble countertops, custom cabinetry, open shelving, and a built-in coffee bar—both beautiful and functional. Whether you’re prepping dinner for family or hosting friends, this space is designed to impress. The spa-like bathrooms feature polished tile, quartz countertops, and elevated finishes, offering a peaceful retreat at the end of the day. *** Every detail has been curated with both comfort and style in mind, from the natural textures and soft color palette to the bold lighting and black matte hardware that adds a modern edge. The primary suite offers a quiet escape with its generous layout and luxurious bath, while secondary bedrooms provide flexibility for guests, a home office, or creative space. *** Step outside to a tree-lined backyard with fresh sod and plenty of room to create your ideal outdoor retreat. The extended driveway and oversized garage add extra convenience for everyday living. *** This isn’t just a house—it’s a place to feel at home. A space to slow down, make memories, and enjoy the ease of a brand-new build with timeless character. Come experience it for yourself. This is not just another new build—it’s a thoughtfully crafted home with custom upgrades you won’t find in standard construction. Come see it for yourself. *** Note: New sod not pictured, but to be installed as soon as weather permits :-)

Investor Tools

Property Icon
$255,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,288
$43,500
2025
$43,500
N/A
$43,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,288
$43,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$269,988
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,840
N/A
0%
105%
$1,619/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: Leonard

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305 N Elm Street | Property Details | No Agent List