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$229,000

NAL Estimated Property Value

481 N Sierra Trl, Pilot Point, TX, 76258

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.2 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Washer
FlooringCeramic Tile, Hardwood

Exterior

Lot Size9,801 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR130650
Lot Number4
SubdivisionEldorado Addn
Land UseResidential
Legal DescriptionELDORADO ADDN BLK A LOT 4
Census Tract020118
Assessed Land Value$78,400
Assessed Improvement Value$149,970
Assessment Year2025

About this property

Adorable two-bedroom, open-concept, well maintained home. Vaulted ceiling in the living room with wood burning fireplace gives the home extra coziness. The master bedroom has ensuite bathroom and walk-in closet. The eat-in kitchen features tile floors and counter tops, electric stove top and oven, dishwasher and refrigerator (seller leaving with house). Enjoy your coffee on the back screened in porch (17'x9'). Watch birds from the front porch or under a shade tree. Workshop included with the property (20'x12'). Park your boat on the brick pad (provided beside driveway) and enjoy Lake Ray Roberts anytime. The nearest boat ramp is less than 3 miles from your driveway!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$220,033Estimated Mortgage Balance
$8,967Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,709
$228,370
2025
$78,400
$149,970
$228,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,709
$228,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$236,550
No
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,033
$8,967
3%
96%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,419/mo
+$553/mo
10.3%

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: Pilot Point

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481 N Sierra Trl | Property Details | No Agent List