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$556,803

351 N Armstrong Road, Venus, TX, 76084

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.91 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
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

Lot Size1 acre

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.6265.901.034.00.113
Lot Number34
SubdivisionMatthews Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 34 BLK A MATTHEWS FARMS ADDN PH 1 1.0000 AC
Census Tract060900
Assessed Land Value$127,000
Assessed Improvement Value$429,803
Assessment Year2025

About this property

NO HOA. MAYPEARL ISD. Beautiful brand new Custom Home on a 1 acre lot located in Venus. Included are 5 bedrooms, 3 bathrooms, 3 car garage, vaulted family room with floor to ceiling stone gas fireplace, dining room, mud bench, open kitchen with quartz countertops, stainless steel appliances, LVP flooring in the main areas and the master bedroom plus so much more. Kitchen also features custom European soft close cabinets and drawers, deep sink and microwave oven combo. Extra bedroom can be used as study or office. Master bathroom has plenty of space with two separate sinks and nice size soaking tub for those long days after work. Two way entry to laundry room. Patio is covered and has plenty of space for entertaining. Come and see this beautiful home. It's now available.

Investor Tools

Property Icon
$556,803
Estimated Property Value
$0Estimated Mortgage Balance
$212,615Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,821
$556,803
2025
$127,000
$429,803
$556,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,821
$556,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Commercial
$364,225
No
First
May 11, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,188
$212,615
38%
62%
$2,184/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,184/mo
+$388/mo
5.5%

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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351 N Armstrong Road | Property Details | No Agent List