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B+
NoAgentList RatingHow are grades calculated? Info

$1,250,000

308 Chatham Pl, Heath, TX, 75032

$1,288,478 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.19 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters
Lot Size1.12 acres

Building Information

Year Built2016
Stories1
Garage Spaces4

Land Information

APNS5129-000B-0033-00-0R
Lot Number33
SubdivisionStoneleigh Phase 5c
Land UseResidential
Legal DescriptionSTONELEIGH PHASE 5C, BLOCK B, LOT 33
Census Tract040508
Assessed Land Value$280,000
Assessed Improvement Value$895,000
Assessment Year2025

About this property

Discover luxury and elegance in this Scott Lewis custom home nestled in the prestigious Stoneleigh Community. This exquisite one-story residence boasts a seamless open floor plan enriched with hand-scraped hardwood floors, striking wood beams, and a rolling brick ceiling. Each bedroom offers privacy with its own bathroom, ensuring comfort for family and guests alike. The heart of the home features a chef's kitchen equipped with SS commercial appliances, perfect for culinary exploration. Entertain effortlessly in the spacious game room complete with a stylish bar, or step outside to the oversized back-covered patio that overlooks an expansive 1.1-acre lot. Here, outdoor living is redefined with a fully-equipped kitchen and a luxurious saltwater pool, making it an ideal retreat for relaxation or hosting gatherings. Enhanced by state-of-the-art Control4 home automation, this home provides a perfect blend of modern convenience and traditional charm.

Investor Tools

Property Icon
$1,175,000
Estimated Property Value
$766,550Estimated Mortgage Balance
$0Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,288,477
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,059/month
$715/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,828
$1,175,000
2025
$280,000
$895,000
$1,175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,828
$1,175,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Unknown
$308,000
No
First
Sep 20, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,786,334
N/A
0%
152%
$11,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$11,754/mo
$-8,744/mo
3.1%

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: Heath

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308 Chatham Pl | Property Details | No Agent List