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$759,362

NAL Estimated Property Value

400 Chippendale Dr, Heath, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Tankless Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size42,645 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN3427-000B-0005-00-0R
Lot Number5
SubdivisionCrestridge Meadows #3
Land UseResidential
Legal DescriptionCRESTRIDGE MEADOWS #3, BLOCK B, LOT 5
Census Tract040507
Assessed Land Value$224,250
Assessed Improvement Value$535,112
Assessment Year2025

About this property

Welcome to your own private retreat in the heart of Heath! Situated on a sprawling 1-acre lot in highly sought-after Rockwall-Heath ISD, this beautifully renovated SINGLE-STORY home offers the perfect blend of luxury, comfort, and everyday functionality. Featuring 4 bedrooms, 3 full baths, a 3-car garage, extra parking, storage shed, and a versatile workout or game room, this property has space for everyone to spread out and enjoy. Inside, you’ll find numerous upgrades throughout including an intricate iron front door, hand-scraped hardwood flooring, custom cabinetry and built-ins, granite countertops, stainless steel appliances, Low-E windows, radiant barrier, and fresh interior and exterior paint. The thoughtfully designed floorplan creates an easy flow for both daily living and entertaining. Primary suite and secondary bedrooms are separated by living, dining and kitchen too, for added primary suite privacy. Step outside to an incredible backyard oasis complete with a large saltwater pool and spa, oversized putting green, covered patio, outdoor kitchen with built-in BBQ, two TV hookups with Smart TVs, and additional open patio space perfect for relaxing or hosting guests. Homes with this level of outdoor living, pool & spa, privacy, and upgrades rarely come available for lease in Heath! (NOTE: Mounted TVs stay with the home. SHOWINGS START TUESDAY MAY 19th.)

Investor Tools

Property Icon
$759,362
Estimated Property Value
$476,256Estimated Mortgage Balance
$283,106Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,556 /month
Positive
Cash Flow Estimate:
$1,519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,394
$759,362
2025
$224,250
$535,112
$759,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,394
$759,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Conventional
$404,000
No
First
Sep 4, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,256
$283,106
37%
63%
$3,196/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$3,196/mo
$-186/mo
4.8%

City: Heath

400 Chippendale Dr | Property Details | No Agent List