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$782,000

NAL Estimated Property Value

408 Misty Ridge Drive, Keller, TX, 76248

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,567 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.11 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,263 sqft

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APN24878-EE-43
Lot Number43
SubdivisionMarshall Ridge North
Land UseResidential
Legal DescriptionMARSHALL RIDGE NORTH BLOCK EE LOT 43
Census Tract113953
Assessed Land Value$140,000
Assessed Improvement Value$614,247
Assessment Year2025

About this property

Now is your chance to purchase your dream home in Marshall Ridge! Clean lines, timeless finish out, and versatile floor plan with Master Bedroom down, Guest Suite down, and a quiet Study down. Enormous open kitchen, large living areas, and elegant formals. Amazing natural light throughout. Game room and Media Room up. Relaxing private patio with built in grill and pergola overlooking serene heated pool and spa. Perfect for entertaining. Oversized garage and bonus storage areas throughout. Minutes from community pool, park, club house, fitness center, and hike-bike trails. A must experience!

Investor Tools

Property Icon
$782,000
Estimated Property Value
$435,331Estimated Mortgage Balance
$346,669Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,692 /month
Positive
Cash Flow Estimate:
$1,564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,494/month
$212/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,018
$754,247
2025
$140,000
$614,247
$754,247
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,018
$754,247

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$485,100
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,331
$346,669
44%
56%
$2,909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,110/mo
$3,121/mo
$-11/mo
4.8%

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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408 Misty Ridge Drive | Property Details | No Agent List