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$389,078

NAL Estimated Property Value

511 Preston Drive, Pottsboro, TX, 75076

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,045 Sq Ft
price_per_sqft$124.69 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Double Oven, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Tankless Water Heater, Wine Cooler
FlooringCarpet, Concrete, Wood

Exterior

Lot Size1.01 acres

Building Information

Year Built2004
Garage Spaces4

Land Information

APNP004 605601003
Lot Number15
SubdivisionPreston Ridge Addn
Land UseResidential
Legal DescriptionPRESTON RIDGE ADDN, BLOCK 3, LOT 15
Census Tract000302
Assessed Land Value$143,497
Assessed Improvement Value$266,086
Assessment Year2025

About this property

PRICE IMPROVEMENT! Updated in 2018 this open floor plan barn house on a 1 acre lot with over 20 mature shade trees boasts soaring wood ceilings in every room. Floor to ceiling windows keep the living area light and bright with a peaceful view of the countryside. You'll enjoy the sunset views from your covered flagstone patio. Attached garage is 590' square feet with a 10' door, can easily be converted to living area or master bedroom. Bring your RV there is a special plug-in just for it. Plenty of room to build a traditional home and use the barn as a shop or hang out space. Seller is licensed real estate agent. Buyer and Buyers agent to verify all information in listing.

Investor Tools

Property Icon
$389,078
Estimated Property Value
$201,406Estimated Mortgage Balance
$187,672Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,853
$389,078
2025
$143,497
$266,086
$409,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,853
$389,078

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$194,000
No
First
Oct 13, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,406
$187,672
48%
52%
$1,344/mo

City: Pottsboro

511 Preston Drive | Property Details | No Agent List