$296,000
NAL Estimated Property Value400 N Sierra Trail, Pilot Point, TX, 76258
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size7,867 sqft
Building Information
Year Built1988
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR153679
Lot Number10
SubdivisionEldorado Addn
Land UseResidential
Legal DescriptionELDORADO ADDN BLK B LOT 10
Census Tract020118
Assessed Land Value$62,920
Assessed Improvement Value$212,162
Assessment Year2025
About this property
Highly motivated seller! This home is a perfectly located 3 bedroom 2 bath in the Eldorado subdivision of Pilot Point. Less than 1.5 miles from the Jordan Park Access on Lake Ray Roberts. You will love the open floor plan, 7 foot privacy fence, manicured lawn and two living areas. This house is a must see.
Investor Tools
$296,000
Estimated Property Value
$181,092Estimated Mortgage Balance
$114,908Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,162
$230,677
2025
$62,920
$212,162
$275,082
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,162
$230,677
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$204,250
No
First
Jul 7, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,092
$114,908
38%
61%
$1,225/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,225/mo
+$747/mo
8.0%
