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Owner Contacts

$598,034

NAL Estimated Property Value

3229 Lexington Dr, Celina, TX, 75009

Off Market

3 Beds

3 Bath

2,225 Sq Ft

$269.21 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Lot Size7,841 sqft

Building Information

Year Built2018

Stories1

Garage Spaces2

Land Information

APNR-11392-00Y-0340-1

Lot Number34

SubdivisionMustang Lakes Phase 2a (Ccl)

Land UseResidential

Legal DescriptionMUSTANG LAKES PHASE 2A (CCL), BLK Y, LOT 34

Census Tract030307

Assessed Land Value$173,250

Assessed Improvement Value$424,784

Assessment Year2025

About this property

** Currently accepting BACKUP OFFERS!** EAST FACING HOME. Come see this beautiful 1 story, energy-efficient David Weekley Home with upgrades! Located in a cul-de-sac, this home is within walking distance of Prosper ISD Elementary Sam Johnson School. Mustang Lakes is an award-winning master plan community with resort-style living and an active community of neighbors. The Cedaridge floor plan is a 3 BED 3 BATH and a STUDY that can also be used as a flex space. This impeccable home has an OPEN FLOOR plan and a fabulous SPACIOUS BACKYARD! The EXTENDED COVERED PATIO overlooks a large private backyard with plenty of room to build a pool. The 2-car with garage epoxy flooring has additional storage area with room to store your tools, toys & golf cart. Ideally located on the border of Prosper, Celina, and Mckinney. HOA fees cover front yard landscaping, a resort-style swimming pool, indoor & outdoor entertaining spaces, a state-of-the-art fitness center, trails and more.

Investor Tools

$598,034

Estimated Property Value

$550,089Estimated Mortgage Balance

$47,945Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,594 /month

Positive

Cash Flow Estimate:

$1,198 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,295/month

$147/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,548

$598,034

2025

$173,250

$424,784

$598,034

Tax History

Year

Tax Paid

Assessed Value

2024

$12,548

$598,034

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rlm Mortgage Llc

Conventional

$555,750

First

Oct 29, 2025

Nov 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$550,089

$47,945

92%

$3,333/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,670/mo

$3,480/mo

$-810/mo

5.4%

Learn About the Market: Opportunity in Texas

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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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