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$440,189

NAL Estimated Property Value

409 Water Ridge Drive, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,041 Sq Ft
price_per_sqft$156.85 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12526-00E-0270-1
Lot Number27
SubdivisionLakepointe Phase Iib (Cla)
Land UseResidential
Legal DescriptionLAKEPOINTE PHASE IIB (CLA), BLK E, LOT 27
Census Tract031201
Assessed Land Value$105,000
Assessed Improvement Value$335,189
Assessment Year2025

About this property

WELCOME TO YOUR NEW HOME! This property features 4 beds, 3 full baths a half bath, with an office downstairs that could be a 5th bedroom, two living areas an oversized patio in the newly established neighborhood of LakePointe with easy access to PGB tollway, HYW 6 and HWY 380. The kitchen features a gas range, stainless steel appliances, cabinets to the celling with glass accents, decorative lighting, large island opening into the living room to optimal entertain. Come see this home today!

Investor Tools

Property Icon
$440,189
Estimated Property Value
$0Estimated Mortgage Balance
$440,189Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,862 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,037
$440,189
2025
$105,000
$335,189
$440,189
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,037
$440,189

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$440,189
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$750/mo
+$2,960/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Lavon

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409 Water Ridge Drive | Property Details | No Agent List