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$2,399

315 Pennington Rd, Josephine, TX, 75173

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.38 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2024
Stories1
Garage Spaces1

Land Information

APNR-12826-000-0230-1
Lot Number23
SubdivisionMurray Manor Estates (Cjo)
Land UseResidential
Legal DescriptionMURRAY MANOR ESTATES (CJO), LOT 23
Census Tract031201
Assessed Land Value$69,350
Assessed Improvement Value$177,876
Assessment Year2025

About this property

BEAUTIFUL HOME THAT FEATURES A GREAT PORCH FOR RELAXING! BUILD ONLY ONE YEAR OLD, WE 3 BEDROOMS AND 1 OFFICE THAT CAN BE USE LIKE A 4 BEDROOM, WITH A BACK COVER PATIO FOR THE WEEKENDS COOKOUTS !

Investor Tools

$317,219Estimated Mortgage Balance
$17,781Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Blanca Basinger

Competitive Edge Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,077
$247,226
2025
$69,350
$177,876
$247,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,077
$247,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shepherd Place Homes Inc
Purchase Money Mortgage
$322,905
No
First
Jul 24, 2025
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,219
$17,781
5%
95%
$1,936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,936/mo
+$636/mo
9.2%

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: Josephine

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315 Pennington Rd | Property Details | No Agent List