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$386,000

NAL Estimated Property Value

408 Blue Water Lane, Holly Lake Ranch, TX, 75765

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.07 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesTrash Compactor, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesDock, Rain Gutters
Lot Size30,296 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN29857
Lot Number31
Land UseResidential
Legal DescriptionLOT 31 .6955 HOLLY LAKE RANCH (SEC 5)
Census Tract950602
Assessed Land Value$49,990
Assessed Improvement Value$328,530
Assessment Year2025

About this property

SPECTACULAR LAKE VIEWS! This home offers outdoor living at its finest, sitting on .7 acre waterfront lot with 120 feet of shoreline along scenic Holly Lake. Located at the end of a quiet, wooded cul-de-sac and close to amenities. Jump on your kayak or canoe and it is a short paddle to the amenity center with swimming pool, tennis, pickleball and more. Enter the expansive 1650sf first floor to see spacious open-concept living, dining and kitchen. Living with soaring ceiling, water views and double french doors opening to back deck. Deck with built in seating offers 180 degree view of lake. Stone fireplace, large kitchen and separate dining. Kitchen with granite tile counters, gas cooktop, dble oven. Primary bed with en-suite bath, utility and half bath are all located on the first floor. Primary bath with walk-in shower, 2nd floor bedroom has its own bath and pvt balcony. 2-car garage with workshop or office. This home has been lovingly cared for. Metal roof 1 yr HVAC approx. 2 yrs

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
$172/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,905
$378,520
2025
$49,990
$328,530
$378,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,905
$378,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$386,000
100%
0%
$0/mo

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: Holly Lake Ranch

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408 Blue Water Lane | Property Details | No Agent List