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$466,014

NAL Estimated Property Value

3524 Cheney Ave, Celina, TX, 75009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,583 Sq Ft
price_per_sqft$268.48 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,193 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11599-00B-0080-1
Lot Number8
SubdivisionLight Farms The Brenham Neighborhood (Gc
Land UseResidential
Legal DescriptionLIGHT FARMS THE BRENHAM NEIGHBORHOOD (GCN), BLK B, LOT 8
Census Tract030306
Assessed Land Value$140,000
Assessed Improvement Value$326,014
Assessment Year2025

About this property

***Seller is offering $10,000 in closing cost incentives!!*** Welcome to this beautifully crafted single-story Shaddock home in the highly sought-after Light Farms community, where luxury meets effortless living. Perfectly positioned on a premium corner lot, this stunning 3 bedroom, 2 bath residence offers enhanced privacy, exceptional curb appeal, and abundant natural light throughout. Designed with both comfort and functionality in mind, the open-concept floor plan features a spacious living area that seamlessly connects to a well-appointed kitchen with quality finishes, ample cabinetry, and a large island perfect for entertaining or everyday living. The thoughtfully designed split bedroom layout provides a private primary retreat, complete with a spa-inspired ensuite bath and generous closet space. Step outside to enjoy the benefits of a corner lot with a beautifully maintained yard ideal for relaxing evenings or hosting guests. Located in the prestigious Light Farms, residents enjoy resort style amenities including pools, parks, miles of trails, fitness centers, tennis courts, and a vibrant calendar of community events. Zoned to top rated Prosper ISD schools and conveniently located near shopping, dining, and major highways, this home offers the perfect blend of luxury, convenience, and lifestyle.

Investor Tools

Property Icon
$466,014
Estimated Property Value
$259,170Estimated Mortgage Balance
$206,844Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,393
$466,014
2025
$140,000
$326,014
$466,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,393
$466,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$288,800
No
First
Feb 11, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,170
$206,844
44%
56%
$1,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,857/mo
+$813/mo
6.9%

Learn About the Market: Opportunity in Texas

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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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3524 Cheney Ave | Property Details | No Agent List