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$426,000

NAL Estimated Property Value

40242 Spyglass Hill Dr, Cleveland, TX, 77327

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,559 Sq Ft
price_per_sqft$126.69 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.25Bathrooms Full 4.25
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Dishwasher

Exterior

Lot Size9,174 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR251524
Lot Number3
SubdivisionGrand Oaks Reserve, Sec 5
Land UseResidential
Legal DescriptionGRAND OAKS RESERVE, SEC 5, BLOCK 1, LOT 3, ACRES .2106
Census Tract700200
Assessed Land Value$41,270
Assessed Improvement Value$383,280
Assessment Year2025

About this property

The 1.5 stories "Ballard" home offers 4 bedrooms, a study, 3 baths & game room. Grand kitchen w large island, opening up to dining & living area.Samsung Stainless steel appliance, Stainless steel vent hood, 42" designer cabinets with crown molding. Under counter lighting. Granite countertops throughout. Oil rubbed hardware. Raised panel interior doors. 5" baseboards. The landscape package offers sod in front, side & backyard. Covered back patio. Finished out painted garage w Wayne Dalton garage door. 16 Steer TRANE HVAC. Low-e windows. Programable thermostat. PEX plumbing. All homes come with 1-year craftsmanship, 2-year mechanical and 10-year structural warranty. Sleek finishes with modern touches. GRAND OAKS RESERVE! A brand new 600+ ACRE MASTER-PLANNED COMMUNITY. State-of-the-art Community Center will include a Grand Ball Room, Conference Room, Pro Golf Shop, and bistro-style restaurant which will wonderfully complement the GOLF COURSE, POOL, DOG PARK, and WALKING TRAIL amenities.

Investor Tools

Property Icon
$426,000
Estimated Property Value
$389,653Estimated Mortgage Balance
$36,347Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,705 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,087/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,914
$424,550
2025
$41,270
$383,280
$424,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,914
$424,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Florida Capital Bank Na
Conventional
$394,250
No
First
Sep 11, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,653
$34,897
8%
91%
$2,364/mo

City: Cleveland

40242 Spyglass Hill Dr | Property Details | No Agent List