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$1,150,000

404 Monarch Hill Rd, Keller, TX, 76248

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.42 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size15,111 sqft

Building Information

Year Built2014
Garage Spaces3

Land Information

APN24879-G-15
Lot Number15
SubdivisionMarshall Ridge South
Land UseResidential
Legal DescriptionMARSHALL RIDGE SOUTH BLOCK G LOT 15
Census Tract113953
Assessed Land Value$200,000
Assessed Improvement Value$937,667
Assessment Year2025

About this property

Nestled in the trees on the hill sits this beautiful Texas sized home located in the highly sought after Reserve in Marshall Ridge. Everything about this home is warm and welcoming and spacious. Huge windows let in natural light and some of the views seem to go forever. The main living space will quickly become the preferred place for all of your family gatherings with plenty of room for family and friends. The secondary bedrooms are all spacious and each have their own bathroom so no fighting over sink space. And the owner's retreat is huge and simply to die for amazing. The ensuite bath features mirrors that seem to never end, a luxurious soaker tub, a stand-alone shower, and wait till you see the size of the closets. Located in the KISD Keller High feeder zone and only minutes from DFW airport, Southlake Town Square, and numerous dining options.

Investor Tools

Property Icon
$1,137,667
Estimated Property Value
$220,000Estimated Mortgage Balance
$700,857Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,701/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,721
$1,137,667
2025
$200,000
$937,667
$1,137,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,721
$1,137,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$220,000
No
First
Dec 24, 2025
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,810
$700,857
61%
38%
$2,640/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,110/mo
$2,927/mo
+$183/mo
3.3%

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: Keller

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