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Days77Days on Market
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$325,000

4115 Balboa Drive, Iowa Colony, TX, 77583

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,909 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher
FlooringCarpet, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size3,358 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces1

Land Information

APN6574-8122-021
Lot Number21
SubdivisionMeridiana Sec 81b
Land UseResidential
Legal DescriptionMERIDIANA SEC 81B (A0287 HT&BRR) (IOWA COLONY) BLK 2 LOT 21
Census Tract661800
Assessed Land Value$50,270
Assessed Improvement Value$197,580
Assessment Year2025

About this property

This well-designed two-story townhome offers 3 bedrooms and 2.5 bathrooms. The entryway opens to a bright, open floor plan with large windows and recessed lighting in the living area. The kitchen features a large island, granite countertops, white subway tile backsplash, and modern finishes. A separate dining room and laundry area add convenience. Upstairs, the primary bedroom includes an en-suite bath and a spacious walk-in closet. A hidden storage area connects to the utility room for extra functionality. The fully fenced backyard is great for outdoor living, and the 2-car covered garage sits at the front. Schedule your showing today

Investor Tools

$287,956Estimated Mortgage Balance
$58,044Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Myrtice Turner

Keller Williams Realty Southwest

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
$1,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,820
$247,850
2025
$50,270
$197,580
$247,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,820
$247,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$311,258
Yes
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,956
$58,044
16%
83%
$1,867/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.

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: Iowa Colony

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4115 Balboa Drive | Property Details | No Agent List