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$450,000

502 Connemara Ct, Celina, TX, 75009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,025 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.76 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8383-00Z-0370-1
Lot Number37
SubdivisionCarter Ranch-Phase I The (Ccl)
Land UseResidential
Legal DescriptionCARTER RANCH-PHASE I, THE (CCL), BLK Z, LOT 37
Census Tract030307
Assessed Land Value$125,000
Assessed Improvement Value$380,625
Assessment Year2025

About this property

PRICED WELL UNDER ASSESSED VALUE + $5K SELLER CONTRIBUTION TO BE USED HOWEVER YOU'D LIKE! Discover unparalleled comfort and convenience in this meticulously designed 3,025 square foot home, gracefully situated on a generous .280-acre lot on a quiet cul-de-sac street. The community features a picturesque 10-acre lake with a private fishing dock – a true hidden gem in your own backyard! The heart of this home is a chef's dream kitchen, featuring gorgeous cabinetry, gleaming granite countertops, and stainless steel appliances. Enjoy casual meals in the sun-drenched breakfast nook, offering charming views of the backyard. The oversized formal dining room provides incredible flexibility, perfect for elegant dinners, a spacious home office, or a vibrant play area. Gather around the impressive stacked stone fireplace, the stunning focal point of the expansive living room, ideal for cozy evenings. Indulge in your private oasis within the spa-like primary bath, boasting an invigorating 24-inch rainfall shower head, soothing massage jets, and a luxurious Kohler jetted tub – pure relaxation! Upstairs, a versatile suite with an en-suite bath offers endless possibilities as a second primary bedroom, a dynamic game room, or a dedicated playroom, complete with a walk-out balcony. Perfect for multi-generational living. Outdoor living is a breeze with an oversized double gate providing convenient boat or trailer storage, a comfortable covered patio for al fresco dining, and a handy storage shed. The extended driveway generously accommodates up to six cars! Enjoy the peace of mind that comes with a LOW TAX RATE, NO MUD, and NO PID. Plus, benefit from the convenience of walking to the highly-rated O'Dell Elementary as well as all the wonderful community amenities.

Investor Tools

Property Icon
$505,625
Estimated Property Value
$350,000Estimated Mortgage Balance
$0Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,034 /month
Positive
Cash Flow Estimate:
$1,011 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$984/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,279
$505,625
2025
$125,000
$380,625
$505,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,279
$505,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premier America Cu
Unknown
$350,000
No
First
Dec 29, 2022
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,770
N/A
0%
130%
$4,198/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$4,398/mo
$-918/mo
8.3%

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: Celina

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502 Connemara Ct | Property Details | No Agent List