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$574,990

438 Johnson Lane, Ovilla, TX, 75154

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.31 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size2.05 acres

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces5

Land Information

APN62.8550.901.001.00.111
Lot Number1
SubdivisionTenforty Addn
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 1 BLK A TENFORTY ADDN 2.053 AC
Census Tract060216
Assessed Land Value$170,000
Assessed Improvement Value$476,106
Assessment Year2025

About this property

Escape to your own private 2 acre retreat with this fully renovated 3,800 sqft showpiece in Ovilla. Soaring ceilings, stained glass accents, and a beautiful skylight that pours natural light into the home that creates a bright and welcoming atmosphere. Inside you’ll find 3 bedrooms, 2.5 baths, two spacious living areas, a dedicated office, and a versatile game or exercise room; Perfect for work, play, and entertaining. Enjoy cozy evenings by one of the two fireplaces or relax on the wraparound porch that spans both levels of the home. The open kitchen features an island, pantry, and seamless flow into the dining space. Recent upgrades include a new roof, new windows and doors, and two new HVAC units, offering modern comfort and peace of mind. Outside, unwind in your own resort style oasis complete with a pool and sauna. A detached seven car garage, two storage sheds, and a workshop provide incredible space for vehicles, tools, and hobbies. Private, peaceful, and move in ready, this is a rare opportunity to own a beautifully updated home in a highly desirable area.

Investor Tools

$675,495Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,877 /month
Positive
Cash Flow Estimate:
$1,292 /month

Interested in this property?

Diego Esparza

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,031
$646,106
2025
$170,000
$476,106
$646,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,031
$646,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community First National Bank
Va
$735,560
Yes
First
Feb 18, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$675,495
N/A
0%
105%
$4,411/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$4,411/mo
$-2,331/mo
3.9%

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: Ovilla

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438 Johnson Lane | Property Details | No Agent List