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$384,012

NAL Estimated Property Value

3121 Lipizzan Dr, Denton, TX, 76210

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.7 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesLighting
Lot Size12,297 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR288303
Lot Number44
SubdivisionWheeler Ridge Ph Three
Land UseResidential
Legal DescriptionWHEELER RIDGE PH THREE BLK Q LOT 44
Census Tract021416
Assessed Land Value$109,684
Assessed Improvement Value$278,316
Assessment Year2025

About this property

Welcome to this well-maintained single-story home, perfectly situated on a large corner lot in a vibrant, amenity-filled community. From the moment you arrive, you'll appreciate the inviting curb appeal and thoughtful layout designed for comfort and functionality. This 3 bedroom, 2 bath home features a versatile office that can easily be used as a 4th bedroom. The formal dining and living areas offer plenty of space to entertain, while the cozy family room features a classic wood-burning brick fireplace. The heart of the home is the spacious kitchen, boasting an abundance of cabinetry, ample counter space, and room to move—perfect for the home chef or gatherings with loved ones. The large primary suite includes an ensuite bathroom located at the back of the home, providing comfort and privacy. Your backyard oasis awaits! Step outside to a spacious 12' x 27' custom covered patio—perfect for year-round entertaining, weekend barbecues, or simply unwinding while overlooking the lush, grassy yard and mature shade trees. A 10' x 12' Tuff Shed adds convenient storage for all your outdoor gear. Adjacent to your backyard, enjoy resort-style community amenities including a pool, park, sand volleyball, basketball court, and more. The perfect blend of relaxation, recreation, and neighborhood charm! Zoned to the highly rated Denton ISD, you will love the convenience of having the elementary, middle and Guyer High School all within a 5 minute drive. Several updates include new fence, new carpet, interior paint, dishwasher and microwave, front door, reconditioned sprinkler heads, additional insulation in the attic to help with electric bills. Roof replaced 2017, AC replaced 2019 with 4 ton system and programmable app. Water heater replaced in June 2023, also with programmable app. You will love the whole house water softener and reverse osmosis water. Don't forget to check out the custom shelving in all closets, panty and laundry room. Washer and dryer convey with the property!

Investor Tools

Property Icon
$384,012
Estimated Property Value
$360,304Estimated Mortgage Balance
$23,708Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,543
$384,012
2025
$109,684
$278,316
$388,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,543
$384,012

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$350,533
Yes
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,304
$23,708
6%
94%
$2,187/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$2,312/mo
+$78/mo
7.5%

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: Denton

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3121 Lipizzan Dr | Property Details | No Agent List