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$690,000

3520 Cheney Avenue, Celina, TX, 75009

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,719 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.77 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesRefrigerator, Water Purifier, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Water Softener
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size4,400 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-11599-00B-0090-1
Lot Number9
SubdivisionLight Farms The Brenham Neighborhood (Gc
Land UseResidential
Legal DescriptionLIGHT FARMS THE BRENHAM NEIGHBORHOOD (GCN), BLK B, LOT 9
Census Tract030306
Assessed Land Value$140,000
Assessed Improvement Value$467,947
Assessment Year2025

About this property

A Magnificent home in the heart of Light Farms, a resort style master planned community! Highly sought after Prosper ISD, ideally located between Preston Rd and the Dallas North Tollway. Beautiful 4 bedroom, 3.5 bath. Elegant open floor plan with tall ceilings balanced by the custom kitchen and cozy family room. You will love the master suite, which also boasts a spa like master bathroom. 3 bedrooms and game room up will give all the extra space you need. The home has a large covered back patio great for entertaining or relaxing, heated pool, new board on board cedar fence with a sliding privacy gate across the driveway. Other upgrades include: Whole Home Aquasana water filter system with UV protection, HVAC UV protection into the HVAC system, Mitsubishi mini split AC system into the garage so it is conditioned AC & Heater, standing seam metal on front porch roof and much more. Neighborhood elementary school, miles of trails, tennis courts, private lake restaurant and more.

Investor Tools

Property Icon
$607,947
Estimated Property Value
$0Estimated Mortgage Balance
$37,499Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,867
$607,947
2025
$140,000
$467,947
$607,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,867
$607,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$610,000
Yes
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,448
$37,499
6%
94%
$3,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$3,783/mo
$-1,113/mo
5.3%

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.

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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: Celina

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3520 Cheney Avenue | Property Details | No Agent List