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$494,000

NAL Estimated Property Value

401 Martingale Trail, Oak Point, TX, 75068

Off MarketInfo
Baths0 Bath
Baths2,640 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,453 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR707276
Lot Number20
SubdivisionWoodridge Estates Phase Six
Land UseResidential
Legal DescriptionWOODRIDGE ESTATES PHASE SIX BLK L LOT 20
Census Tract020115
Assessed Land Value$89,799
Assessed Improvement Value$401,365
Assessment Year2025

About this property

Prestonwood Polo and Country Club is unlike any other development in North Texas with only 16, 2.5-acre build to suit home lots in this exclusive project. Each lot backs up to the polo fields offering a spectacular view of lush grounds and polo action. The polo fields are endowed to the Prestonwood Polo Foundation in perpetuity so each home's view will be protected long-term. D Magazine 2012 ranked Oak Point in the top 20 of best suburbs in Dallas Ft.Worth. Gather your favorite builder, architect and come build your dream house overlooking the sport of kings in this fabulous country community just minutes from the city. Live here. Play here.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$233,059Estimated Mortgage Balance
$260,941Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,530
$491,164
2025
$89,799
$401,365
$491,164
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,530
$491,164

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chicago Mortgage Solutions Corp
Conventional
$255,700
No
First
Sep 29, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,059
$260,941
52%
47%
$1,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,634/mo
+$2,116/mo
9.1%

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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401 Martingale Trail | Property Details | No Agent List