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$511,000

308 N Florida Dr Fl Orida, Celina, TX, 75009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,422 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.35 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,148 sqft

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12478-00A-0030-1
Lot Number3
SubdivisionFlorida Tract (Ccl)
Land UseResidential
Legal DescriptionFLORIDA TRACT (CCL), BLK A, LOT 3
Census Tract030306
Assessed Land Value$150,000
Assessed Improvement Value$317,155
Assessment Year2025

About this property

Everyone will feel at home and connected as the home includes an open concept living and dining room. An oversized island designed for the family to gather around, anchors the kitchen. The Island can function as a serving station when entertaining, or a natural space for the family to enjoy a casual dinner. A large window over the sink with a view into the backyard is perfect for watching the kids play or just watch the seasons unfold. An oversized covered patio, walk-in pantry, mud room and powder bath complete the downstairs. The upstairs has the convenience of all the bedrooms and laundry on the same level. With an oversized owner's suite, two secondary bedrooms plus a game room, it will be a natural environment to make this house your home.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$5,000,000Estimated Mortgage Balance
$0Estimated Equity
-878% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,144 /month
Positive
Cash Flow Estimate:
$1,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,010
$467,155
2025
$150,000
$317,155
$467,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,010
$467,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Commercial
$5,000,000
No
First
Mar 14, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,608,747
N/A
0%
902%
$29,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$29,978/mo
$-27,308/mo
6.3%

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: Celina

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308 N Florida Dr Fl Orida | Property Details | No Agent List