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$525,000

NAL Estimated Property Value

502 Roaring Springs Dr, Joshua, TX, 76058

$669,193 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.25 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1976
Garage Spaces2

Land Information

APN126.3499.07740
Lot Number28
Land UseResidential
Legal DescriptionLOT 28 BLK 1 MOUNTAIN VALLEY UNIT 4
Census Tract130211
Assessed Land Value$32,500
Assessed Improvement Value$470,819
Assessment Year2025

About this property

This is a rare find in the heart of Joshua convenient to shopping and schools! Beautiful large home, over 4000 square feet, on 3.411 acres with an inground swimming pool, luscious green yard and gorgeous mature trees for privacy and shade. The interior features cathedral ceilings with wood beams, a double sided fireplace shared by 2 of the living spaces, wet bar in the game room, island kitchen open to the dining area with built in cabinetry. Flex space available to fit various needs. A new roof and gutters installed in April 2025! There is a detached garage in need of some repair used for storage or workshop. Home will need some updating, but is priced accordingly. Don't miss out on this investment opportunity!

Investor Tools

Property Icon
$525,000
Estimated Property Value
$3,994Estimated Mortgage Balance
$521,006Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$669,192
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,104
$503,319
2025
$32,500
$470,819
$503,319
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,104
$503,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Propel Financial Services Llc
Unknown
$6,482
No
First
Jun 27, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,994
$521,006
99%
1%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
5.5%

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: Joshua

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502 Roaring Springs Dr | Property Details | No Agent List