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$540,000

NAL Estimated Property Value

406 Spanish Moss Ct, Coppell, TX, 75019

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,199 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.84 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard, Storage
Lot Size9,240 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180063500D0580000
Lot Number58
SubdivisionShadow Ridge
Land UseResidential
Legal DescriptionSHADOW RIDGE ESTATES 2ND INCR BLK D LOT 58 VOL98186/2566 DD091598 CO-DALLAS 0063500D05800 1180063500D
Census Tract014126
Assessed Land Value$115,000
Assessed Improvement Value$413,700
Assessment Year2025

About this property

Tucked in a quiet cul-de-sac, this charming 2-story home sits on a spacious, beautifully landscaped lot in the heart of Coppell. Inside, rich hardwood floors flow through two generous living areas—each with its own cozy fireplace—offering the perfect blend of comfort and style. Abundant natural light, modern wood staircase, and an airy open-concept layout create a welcoming vibe from the moment you enter. The updated kitchen features granite countertops, stylish cabinetry, and a custom breakfast bar that opens to the den with fireplace—ideal for both daily living and entertaining. The first-floor primary suite provides convenience and privacy with bathroom that has been freshly painted and an updated vanity, while upstairs you’ll find three additional bedrooms and a full bath. Step outside to a backyard built for fun and relaxation, complete with a large covered patio, firepit, storage building, board-on-board fence, and automatic gate. Roof replaced in 2019, AC replaced in 2022, Tankless water heater, vinyl windows and so many other wonderful recent updates are listed in the attachments. All just a short walk to Wilson Elementary, Wagon Wheel Park, and charming downtown Coppell with its local restaurants, shops, and businesses. A must-see gem in a prime location!

Investor Tools

Property Icon
$540,000
Estimated Property Value
$391,800Estimated Mortgage Balance
$148,200Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,293
$528,700
2025
$115,000
$413,700
$528,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,293
$528,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$391,800
Yes
First
May 4, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,800
$148,200
27%
73%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
N/A
+$2,420/mo
5.4%

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: Coppell

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406 Spanish Moss Ct | Property Details | No Agent List