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$364,989

505 Mustang Trl, Celina, TX, 75009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2008
Stories1
Garage Spaces1

Land Information

APNR-9118-00J-0030-1
Lot Number3
SubdivisionCarter Ranch-Phase Iii The (Ccl)
Land UseResidential
Legal DescriptionCARTER RANCH-PHASE III, THE (CCL), BLK J, LOT 3
Census Tract030307
Assessed Land Value$115,000
Assessed Improvement Value$249,989
Assessment Year2025

About this property

Great Celina Location! Excellent condition! Open floor plan offers a spacious kitchen with granite countertops and upgraded cabinetry. Split bedroom arrangement, master bedroom with tray ceiling at the back of the home. Large and level backyard has a covered patio and plenty of room for entertaining and playing. Great Community with walking trails, parks and community pool. Elementary school within the neighborhood. Very clean and move in ready. Landlords are private individual owners - No Management company issues here!

Investor Tools

Property Icon
$364,989
Estimated Property Value
$0Estimated Mortgage Balance
$364,989Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,835
$364,989
2025
$115,000
$249,989
$364,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,835
$364,989

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,989
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
N/A
+$2,670/mo
8.8%

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: Celina

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505 Mustang Trl | Property Details | No Agent List