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$650,000

3620 Kern River Drive, Oak Point, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.63 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,149 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR697313
Lot Number39
SubdivisionWildridge Phase 2a
Land UseResidential
Legal DescriptionWILDRIDGE PHASE 2A BLK N LOT 39
Census Tract020130
Assessed Land Value$224,106
Assessed Improvement Value$488,315
Assessment Year2025

About this property

Multiple Offers Received. All Offers Due Wed 7.28 by 5pm Move In Ready! Wonderful community built around Nature on the edge of Lake Lewisville. Community has 7 miles of trails and green spaces to explore, lovely Amenity Center, pool and more. Residents have free use of canoes located at The Point. Graceful single story home on an oversize lot with back and side yards on Greenbelt. Extended covered patio with two ceiling fans and electric shades provide cool afternoons. Your new home also features a Media and separate office in a spacious open floor plan including gourmet kitchen with rich Shaker cabinetry, Split Master with sitting area, 2nd bedroom with full ensuite bath.

Investor Tools

Property Icon
$712,421
Estimated Property Value
$0Estimated Mortgage Balance
$250,284Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,275 /month
Positive
Cash Flow Estimate:
$1,425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,415/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,422
$712,421
2025
$224,106
$488,315
$712,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,422
$712,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$508,000
No
First
Aug 27, 2021
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,137
$250,284
35%
65%
$3,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,316/mo
+$434/mo
6.3%

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: Oak Point

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3620 Kern River Drive | Property Details | No Agent List