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$618,578

NAL Estimated Property Value

3920 Cherry Laurel Lane, Ovilla, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,019 Sq Ft
price_per_sqft$220.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size16,801 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.3115.903.012.00.108
Lot Number12
SubdivisionBryson Manor Ph 3
Land UseResidential
Legal DescriptionLOT 12 BLK C BRYSON MANOR PH 3 0.3857 AC
Census Tract060221
Assessed Land Value$130,000
Assessed Improvement Value$488,578
Assessment Year2025

About this property

Haven't quite found the perfect 1 story home with a FLEX or 5th BEDROOM and office? This is it! 3,019 sqft of perfection! This Elmwood Custom home is the Avery floorpan. Why wait over a year to have this home built? This home has been immaculately maintained! It features 4 Beds, 3 Baths, Office or study Room, Media-Game Room, hardwood floors and a wood burning fireplace! Everyone loves an open concept floor plan with a lot of natural light! The kitchen is a cook's dream with its large island, built-in stainless steel appliances, and lots of cabinet space. This dream backyard includes a large covered patio with gas lines to grill your favorite steak this summer. The one third of an acre lot is the perfect backyard for anyone! Highly sought out and Award-Winning Midlothian ISD! Great location convenient to the best shopping and restaurants in town.

Investor Tools

Property Icon
$618,578
Estimated Property Value
$346,501Estimated Mortgage Balance
$272,077Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,990 /month
Positive
Cash Flow Estimate:
$1,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,224/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,599
$618,578
2025
$130,000
$488,578
$618,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,599
$618,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$360,000
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,501
$272,077
43%
56%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,554/mo
$-474/mo
4.0%

City: Ovilla

3920 Cherry Laurel Lane | Property Details | No Agent List