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$620,793

341 N Armstrong Road, Venus, TX, 76084

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.46 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1 acre

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.6265.901.035.00.113
Lot Number35
SubdivisionMatthews Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 35 BLK A MATTHEWS FARMS ADDN PH 1 1.0000 AC
Census Tract060900
Assessed Land Value$127,000
Assessed Improvement Value$493,793
Assessment Year2025

About this property

SELLER OFFERING UP TO $25k BUYER INCENTIVES and a StrucSure 1-2-10 Home Warranty with acceptable offer. Plus IN-HOUSE LENDER HAS INCENTIVES OF $5K AVAILABLE TO ALL BUYERS AS WELL. Discover this beautiful new construction custom home on a 1 acre lot located in Matthews Farms Subdivision in Venus. NO HOA. MAYPEARL ISD. OUTSIDE CITY LIMITS, SO NO CITY TAXES. This open floor plan includes 4 bedrooms, 3 bathrooms, home office and a 3 car garage. Coming soon Epoxy floors will be added to the garage. Ceilings are vaulted with a beam in the family room and a gas fireplace with stone floor to ceiling and mantle. The gourmet kitchen is open to the living area and includes quartz countertops, stainless steel appliances, upgraded custom European cabinets with soft closures, hardware and under cabinet lighting, oven microwave combo, vent hood, pot filler and a deep soaking sink. Luxury vinyl flooring has been installed in the main areas and the master bedroom. Separate huge formal dining area off the kitchen. Jack and Jill bedroom makes this home complete for siblings that want to be close by. Primary bedroom is spacious. Master bath features two separate sinks, separate shower with a built in niche, stand alone soaking tub with a large walk in closet that includes a stand up mirror with seasonal racks for extra storage. All interior doors are 8ft tall with upgraded hardware. Also included is a mud bench, oversized pantry and a separate laundry area. Covered porch and patio have upgraded stained shiplap. Home features a tankless water heater, aerobic septic tank, in ground 250 gallon propane tank, rain gutters and a sprinkler system around the entire house including the back yard. Front yard is professionally landscaped with a huge backyard. Also, included in the backyard 20 feet of grass past the surface of the home with sprinklers. Builder has 7 new construction homes available on this street: 341, 531, 541, 551, 561, 571 and 611 N Armstrong Rd.

Investor Tools

Property Icon
$620,793
Estimated Property Value
$0Estimated Mortgage Balance
$71,004Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,725 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,692
$620,793
2025
$127,000
$493,793
$620,793
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,692
$620,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$560,500
Yes
First
Apr 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$549,789
$71,004
11%
89%
$3,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,361/mo
$-789/mo
5.0%

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: Venus

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341 N Armstrong Road | Property Details | No Agent List