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$989,000

3516 Ithaca Street, Corinth, TX, 76208

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.86 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Hardwood

Exterior

Lot Size7,187 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1007711
Lot Number5
SubdivisionWalton Ridge
Land UseResidential
Legal DescriptionWALTON RIDGE BLK C LOT 5
Census Tract021412
Assessed Land Value$178,259
Assessed Improvement Value$480,584
Assessment Year2025

About this property

Beautiful and spacious 5-bedroom, 5-bath home, almost brand new and only 1 year old, featuring numerous upgrades throughout. The current owner was inspired by the Grand Homes model home in Frisco and selected similar high-end finishes, giving this property a true model-home feel. The open-concept layout offers multiple living areas and a well-designed flow. The first floor includes a large living room, family room, modern upgraded kitchen with pantry, dining area, and three generously sized bedrooms, including the primary suite with a walk-in closet and a luxurious bathroom. The second floor features two additional bedrooms, two full baths, a sitting room, media room, and open-to-below views. With premium upgrades, thoughtful design, and abundant space, this home is ideal for entertaining, relaxation, and comfortable family living. An attached 2-car garage is also included.

Investor Tools

$732,083Estimated Mortgage Balance
$246,917Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

Interested in this property?

Vastu Realty Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,988
$658,843
2025
$178,259
$480,584
$658,843
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,988
$658,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$758,150
No
First
Jun 20, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$732,083
$246,917
25%
75%
$4,546/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$4,971/mo
$-2,241/mo
3.3%

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: Corinth

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3516 Ithaca Street | Property Details | No Agent List