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$446,000

NAL Estimated Property Value

402 Lake Dr, Nevada, TX, 75173

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.78 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Other
Lot Size21,780 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-9569-000-0250-1
Lot Number25
SubdivisionNevada Lakes Phase I (Cnv)
Land UseResidential
Legal DescriptionNEVADA LAKES PHASE I (CNV), LOT 25
Census Tract031201
Assessed Land Value$103,500
Assessed Improvement Value$324,481
Assessment Year2025

About this property

This exceptional custom home, featuring a workshop on a spacious half-acre lot, is a RARE find that won't be available for long! The study provides privacy with solid double doors. The family room boasts beautiful hardwood floors and elegant crown molding. In the dining room, a striking stone wood-burning fireplace takes center stage. The stunning kitchen is equipped with Knotty Alder cabinets, granite countertops, and stainless steel appliances. The luxurious master suite includes a bathroom with dual sinks, a corner garden tub, and an oversized shower with a bench seat. The well-appointed secondary bedrooms share a stylish bathroom. The laundry room is complemented by a second pantry for additional storage. Additional amenities include a 30x20 insulated workshop with electricity, an extended covered patio, foam insulation, gutters, an alarm system, a sprinkler system, and much more. Best of all, there is no HOA!

Investor Tools

Property Icon
$446,000
Estimated Property Value
$0Estimated Mortgage Balance
$446,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,749
$427,981
2025
$103,500
$324,481
$427,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,749
$427,981

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
5.3%

City: Nevada

402 Lake Dr | Property Details | No Agent List