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$930,000

501 Clear Vista Dr, Trophy Club, TX, 76262

$962,535 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,802 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.61 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size12,040 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR308366
Lot Number12
SubdivisionEagles Ridge Ph Ii
Land UseResidential
Legal DescriptionEAGLES RIDGE PH II BLK A LOT 12
Census Tract020305
Assessed Land Value$234,741
Assessed Improvement Value$773,351
Assessment Year2025

About this property

Showings resume Saturday, June 27th after we just installed new countertops in the kitchen and master bathroom along with new sinks, faucets and light fixtures. Welcome to 501 Clear Vista Drive, a beautifully refreshed custom home tucked away in a quiet, secluded pocket of the highly desirable Trophy Club community in Roanoke. This elegant two-story home offers 4 bedrooms and 4 full bathrooms. Step inside to a bright, inviting interior with fresh paint throughout most of the home and brand-new carpet. Thoughtfully designed with custom details, you’ll appreciate the vaulted ceilings, decorative lighting, multiple staircases, dry bar, and built-in wine cooler. The home is enhanced with whole-home audio wiring and speakers in the dining room, office, living room, primary bedroom, primary bath, and patio, creating an exceptional atmosphere for entertaining. Smart home features include Hue lighting throughout the home, app-controlled and app-enabled garage doors via MyQ. The chef’s kitchen is well-appointed with a gas cooktop, double ovens, built-in microwave, dishwasher, disposal, vent hood, and a convenient water line to the refrigerator—ideal for both daily use and hosting guests. The oversized, side-entry 3-car garage (approximately 30' x 22') provides ample space for vehicles or even a home gym. A tornado shelter is located in the one-car garage. 0.276-acre lot, the exterior features fresh landscaping, a newly stained fence, covered patio and porches, and a sprinkler system. The large backyard, shaded by mature trees, offers a perfect setting for relaxing or entertaining outdoors. The home is also equipped with perimeter video cameras and a comprehensive security system. Just 200 yards from the shores of Grapevine Lake. Located in Eagles Ridge Phase II within Northwest ISD, residents also have access to community amenities, including a pool, greenbelt, jogging and biking paths, park, playground, and tennis courts. MUD utilities with underground services.

Investor Tools

Property Icon
$916,000
Estimated Property Value
$125,000Estimated Mortgage Balance
$795,104Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$962,535
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,580 /month
Positive
Cash Flow Estimate:
$1,860 /month

Interested in this property?

Blake Phillips

Blake Phillips

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,193
$843,576
2025
$234,741
$773,351
$1,008,092
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,193
$843,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbh Bank Na
Conventional
$125,000
No
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,896
$795,104
86%
13%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$750/mo
+$2,010/mo
3.6%

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: Trophy Club

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501 Clear Vista Dr | Property Details | No Agent List