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$260,675

316 Cistern Way, Josephine, TX, 75189

$338,878 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.03 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,187 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12177-00H-0040-1
Lot Number4
SubdivisionMagnolia Phase 5 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 5 (GCN), BLK H, LOT 4
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$180,675
Assessment Year2025

About this property

New Home Built in May 2021. Don't miss out on this beautiful new move in ready home featuring 3 bedrooms 2 bathrooms open concept living. This home features kitchen granite countertops, wood laminate flooring, open kitchen to living room. Master Bedroom is split from the other two bedrooms. Large covered patio. Large community pool with splash pad. Country living neighborhood!

Investor Tools

Property Icon
$260,675
Estimated Property Value
$196,800Estimated Mortgage Balance
$80,621Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$338,878
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,564 /month
Positive
Cash Flow Estimate:
$521 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,987
$260,675
2025
$80,000
$180,675
$260,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,987
$260,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$196,800
No
First
Nov 8, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,054
$80,621
30%
69%
$1,180/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,220/mo
+$1,350/mo
11.8%

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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316 Cistern Way | Property Details | No Agent List