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$271,000

505 Jasmine Cir, Josephine, TX, 75173

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.93 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2007
Stories1
Garage Spaces1

Land Information

APNR-8865-00E-0020-1
Lot Number2
SubdivisionFountain View Phase Two (Cjo)
Land UseResidential
Legal DescriptionFOUNTAIN VIEW PHASE TWO (CJO), BLK E, LOT 2
Census Tract031201
Assessed Land Value$77,000
Assessed Improvement Value$191,743
Assessment Year2025

About this property

NO MUD OR PID!!!!!! Welcome to this beautifully maintained custom Calmark Home featuring 3 bedrooms, 2 bathrooms, and an oversized .25-acre lot—one of the largest in the entire neighborhood. Enjoy custom touches throughout, including 10 ft ceilings, a vaulted living room with a stone wood-burning fireplace, crown molding, and rich wood flooring in the main areas. The spacious kitchen is a dream with an island, bar seating, granite countertops, 39-inch cabinets, and an abundance of storage—including a walk-in pantry. The dining area features a charming built-in window seat, and the split-bedroom layout offers privacy with full walk-in closets in all bedrooms. The primary suite is generously sized and features its own cozy window seat, plus an ensuite bath with a relaxing garden tub, dual sinks, a separate shower, and a large walk-in closet. Fresh interior paint brightens the entire home, and large windows fill the space with natural light. Step outside to a huge private backyard with a storage shed that stays, plus a covered patio with an extended concrete pad—perfect for grilling, gatherings, and outdoor entertainment. Major updates include: all-new interior paint (2025), exterior paint (2025), water heater (2024), HVAC (2018), and roof (2016). The community offers a peaceful catch-and-release pond, walking trail, and gazebo. With quick access to Highway 6, this home blends convenience with comfort. Don’t miss your chance to own one of the largest lots in the neighborhood!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$268,055Estimated Mortgage Balance
$4,107Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,900
$268,743
2025
$77,000
$191,743
$268,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,900
$268,743

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Unknown
$268,055
No
First
Feb 25, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,893
$4,107
1%
98%
$1,608/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,988/mo
$-16/mo
8.7%

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: Josephine

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505 Jasmine Cir | Property Details | No Agent List