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$448,448

NAL Estimated Property Value

416 Balmora Way, Roanoke, TX, 76262

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,093 Sq Ft
price_per_sqft$186.1 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size6,708 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR655912
Lot Number5
SubdivisionGlenmere Addition
Land UseResidential
Legal DescriptionGLENMERE ADDITION BLK B LOT 5
Census Tract020322
Assessed Land Value$127,457
Assessed Improvement Value$468,661
Assessment Year2025

About this property

Looking for a fantastic home in a great location? Look no further. Stepping into this beautiful home you will notice the high ceilings on the open floorplan. Two spacious bedrooms are at the front of the home along with a bathroom. An additional bedroom is split from the others making it a perfect space for a home office. Enjoy entertaining in the well appointed kitchen which boasts a 5 burner gas cooktop, convection oven, large island with Blanco sink and oversized cabinets with glass doors. Relax in the owners retreat after a long day and soak in the freestanding garden tub. Enjoy the evenings on your back patio in front of the fireplace and looking at the stars. This fabulous home will not last long!

Investor Tools

Property Icon
$448,448
Estimated Property Value
$265,021Estimated Mortgage Balance
$183,427Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,691 /month
Positive
Cash Flow Estimate:
$897 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
$99/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,390
$448,448
2025
$127,457
$468,661
$596,118
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,390
$448,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$296,500
No
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,021
$183,427
40%
59%
$1,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,877/mo
+$283/mo
5.8%

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: Roanoke

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