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$429,900

331 Whitney Dr, Nevada, TX, 75173

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.76 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size1 acre

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-9569-000-0370-1
Lot Number37
SubdivisionNevada Lakes Phase I (Cnv)
Land UseResidential
Legal DescriptionNEVADA LAKES PHASE I (CNV), LOT 37
Census Tract031201
Assessed Land Value$126,500
Assessed Improvement Value$312,886
Assessment Year2025

About this property

Welcome to your dream home nestled on a generous 1 acre corner lot in sought after Nevada Lakes.This charming brick and stone residence offers 1,863 sf of thoughtfully designed living space featuring 4 bedrooms and 2 full baths.Property stands out with its impressive curb appeal showcasing a large covered porch that provides the perfect setting for morning coffee or evening relaxation.Living room serves as the heart of the home anchored by an elegant stone fireplace that creates a cozy atmosphere for family gatherings.Kitchen with Granite Counters and beautiful Wood Cabinets.Primary bedroom is a true retreat boasting sophisticated bay windows and dramatic vaulted ceilings that add architectural interest and spaciousness.Outdoor living is a highlight of this property with multiple spaces designed for entertainment and relaxation.Covered Back patio offering a seamless transition between indoor and outdoor spaces.Thoughtfully designed fire pit area complete with built-in seating on a concrete and stone slab creates an ideal setting for year-round outdoor enjoyment.Property's practical features are equally impressive including an extended driveway providing ample parking space,Fenced backyard for your sweet family pets,Corner Lot so you can build your workshop with entry options, Solar Panels for lower utility bills.With no HOA you have the freedom to truly make this property your own.Located within proximity to Nevada City Park and Community High School this home offers the perfect blend of rural tranquility and convenient access to local amenities.Oversized lot provides plenty of space for gardening,outdoor activities,or future additions while maintaining privacy and separation from neighboring properties.This exceptional property presents a rare opportunity to own a spacious home with abundant outdoor living space in a desirable location. Don't miss the chance to make this house your home sweet home.GEO Spring Hybrid electric water heater. Attic is foam insulated

Investor Tools

Property Icon
$460,000
Estimated Property Value
$422,112Estimated Mortgage Balance
$46,589Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,683
$439,386
2025
$126,500
$312,886
$439,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,683
$439,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Fha
$422,112
Yes
First
Mar 4, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,411
$46,589
10%
90%
$2,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,531/mo
+$41/mo
6.7%

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: Nevada

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331 Whitney Dr | Property Details | No Agent List