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$494,000

306 Desert Sky Dr, McGregor, TX, 76657

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,538 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.7 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater, Tankless Water Heater
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,585 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363362090013200
Lot Number20
SubdivisionSunwest Village Pt 8
Land UseResidential
Legal DescriptionSUNWEST VILLAGE PT 8 LOT 20 BLOCK 13 ACRES .243
Census Tract003901
Assessed Land Value$50,170
Assessed Improvement Value$437,587
Assessment Year2025

About this property

Welcome to this stunning stone-built custom luxury residence, where timeless elegance meets modern sophistication. Nestled in a tranquil setting, this architectural masterpiece offers an unparalleled living experience. The heart of the home features a beautifully laid-out kitchen, complete with high-end gas appliances, custom cabinetry, and a generous island perfect for both everyday meals and entertaining guests. Expansive open-plan living areas are adorned with exquisite finishes, including a dramatic stone gas fireplace, hardwood floors, and large windows that fill the space with natural light and showcase the beautiful surroundings. The perfect home office nook is conviently located off the kitchen, with a large mudroom and laundry area full of extra storage. The master suite is a true retreat, offering a spacious layout and a spa-like en-suite bathroom with an oversized accessible walk-in shower. Additional bedrooms are equally well-appointed, ensuring comfort and privacy for guests. The serene yard is a private oasis, featuring meticulously landscaped gardens, a sprawling patio, and a custom-built pergola. It’s the perfect space for relaxation and entertaining in a picturesque setting. Set in a prestigious neighborhood, the property offers both seclusion and convenience, with easy access to local amenities, top-rated schools, and scenic walking trails.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$309,000Estimated Mortgage Balance
$190,904Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,026 /month
Positive
Cash Flow Estimate:
$1,009 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,526
$487,757
2025
$50,170
$437,587
$487,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,526
$487,757

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$309,000
No
First
Apr 3, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,096
$190,904
38%
61%
$1,853/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$1,853/mo
$-223/mo
4.0%

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.

Explore Texas Explore This Area
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: McGregor

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