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$469,900

$499,500

408 Montpelier Ln, Ovilla, TX, 75154

$481,531 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.18 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size17,685 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APN62.7120.903.013.00.108
Lot Number13
SubdivisionOvilla Parc- Rev
Land UseResidential
Legal DescriptionLOT 13 BLK C OVILLA PARC- REV 0.406 AC
Census Tract060221
Assessed Land Value$130,000
Assessed Improvement Value$415,774
Assessment Year2025

About this property

If you've been looking for a home with room to spread out without giving up a great location, this one deserves a spot at the top of your list. The flexible floor plan offers three bedrooms, a dedicated office, two and a half bathrooms, and a spacious game room that is ready for movie nights, game days, or a hobby space. The open kitchen overlooks the living area and features granite countertops, abundant cabinetry, and a large island that naturally becomes the center of the home. The main living area features hand scraped hardwood floors with a stone fireplace. The split bedroom design provides added privacy for the primary suite while still keeping everyone connected. Situated on a generous lot, there is plenty of outdoor space to enjoy without feeling crowded by neighboring homes. With a few cosmetic improvements, this property has the potential to shine and build instant equity. Convenient access to Midlothian, Red Oak, Waxahachie, and Dallas makes daily commuting simple while still enjoying the quieter pace of Ovilla. This is an outstanding opportunity to personalize a well-built home in one of the area's most desirable communities.

Investor Tools

$0Estimated Mortgage Balance
$545,774Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$481,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,275 /month
Positive
Cash Flow Estimate:
$1,092 /month

Interested in this property?

Chad Joyce

Aplomb Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,055/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,934
$545,774
2025
$130,000
$415,774
$545,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,934
$545,774

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$545,774
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$350/mo
+$1,730/mo
4.6%

City: Ovilla

408 Montpelier Ln | Property Details | No Agent List