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$237,371

NAL Estimated Property Value

508 Neptune Dr, Denton, TX, 76209

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.05 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater

Exterior

Lot Size7,680 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR31132
Lot Number22
SubdivisionTowne North 6
Land UseResidential
Legal DescriptionTOWNE NORTH 6 BLK L LOT 22 22/136-17 // T TOBY 1288
Census Tract020504
Assessed Land Value$49,245
Assessed Improvement Value$188,126
Assessment Year2025

About this property

BRAND NEW ROOF!! NEW PAINT & CARPET!! NEW GAS RANGE!! Motivated Seller!! HUGE PRICE REDUCTION!! Move in Ready! Charming one-story home nestled in an established neighborhood full of character! Perfect home for starting out or a great investment home to use as a rental. No HOA. Close to Loop 288, easy access to 35, UNT Discovery Park, Rasor Ranch Shopping Center, UNT and TWU. This inviting property features new carpet, interior paint, and new gas range. Enjoy the large, fully fenced backyard with mature trees—perfect for outdoor entertaining, pets, or gardening. Whether you’re a first-time homebuyer, downsizing, or looking for a solid investment opportunity, this home offers a rare blend of comfort, location, and value. Home is priced well below market value!!

Investor Tools

Property Icon
$237,371
Estimated Property Value
$438,644Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,424 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,772
$237,371
2025
$49,245
$188,126
$237,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,772
$237,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$220,924
Yes
First
Dec 17, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$438,644
N/A
0%
185%
$2,650/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,650/mo
$-678/mo
10.0%

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: Denton

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508 Neptune Dr | Property Details | No Agent List