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$525,927

505 Thompson Drive, Van Alstyne, TX, 75495

$620,802 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.67 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,510 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN314 7545008
Lot Number8
SubdivisionGeorgetown Village Ii Phase 2 Replat Ben
Land UseResidential
Legal DescriptionGEORGETOWN VILLAGE II PHASE 2 REPLAT BENTON HOLDINGS BAKER, BLOCK H, LOT 8, ACRES .1724
Census Tract001803
Assessed Land Value$69,700
Assessed Improvement Value$456,227
Assessment Year2025

About this property

Beautiful new home ready September built by Stonehollow Homes. Big kitchen with double oven, lots of 42 in Soji White with Chocolate Glaze cabinets & walk in pantry. Features include stone fireplace, handscraped hardwood flooring in entry, kitchen, cafe, and family room. Ceramic tile all baths & utility. Granite countertops in kitchen & baths, dream master suite with his & hers framed mirror vanities & closets. Media room & gameroom upstairs with 2 baths and 3 bedrooms. Oil rubbed bronze fixtures, 5.25 in baseboards, rocker switches, finished garage with opener. Covered back patio. Home was listed at start of construction. Days on market are not reflective of a completed home on the market

Investor Tools

Property Icon
$525,927
Estimated Property Value
$0Estimated Mortgage Balance
$262,973Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$620,802
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,910
$525,927
2025
$69,700
$456,227
$525,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,910
$525,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$304,876
No
First
Jun 25, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,954
$262,973
50%
50%
$1,828/mo

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: Van Alstyne

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505 Thompson Drive | Property Details | No Agent List