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$414,690

NAL Estimated Property Value

512 Michelle Ln, Reno, TX, 75462

$423,834 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCombination

Exterior

Exterior FeaturesPrivate Yard
Lot Size12,807 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN404881
Lot Number9
SubdivisionWellington Point Phase I-B-I
Land UseResidential
Legal DescriptionWELLINGTON POINT PHASE I-B-I, BLOCK B, LOT 9
Census Tract000402
Assessed Land Value$28,750
Assessed Improvement Value$385,940
Assessment Year2025

About this property

DELIGHTFUL HOME FOR YOU IN WELLINGTON POINT. ENJOY THE EYE-CATCHING SOPHISTICATED DESIGN IN EVERY ASPECT OF THIS HOME. FOUR SPACIOUS BEDROOMS AND THREE FULL BATHS GIVE YOU THE EXTRA SPACE OFTEN DESIRED. THERE ARE THREE BEDROOMS ON THE MAIN LEVEL AND ONE LARGE BEDROOM AND A FULL BATH UPSTAIRS. EACH ROOM HAS LARGE WINDOWS TO MAKE THE HOME LIGHT AND SUN-FILLED. YOU WILL LOVE THE LARGE KITCHEN WITH THE COOK TOP CONVENIENTLY LOCATED IN THE WORK ISLAND AND BEAUTIFUL CUSTOM CABINETS. YOU CAN DINE IN THE BREAKFAST AREA OR IN THE FORMAL DINING ROOM. THE LARGE LIVING AREA MAKES ENTERTAINING EASY. THE BACK PATIO AND THE PRIVACY FENCED BACK YARD INVITE YOU TO SPEND TIME OUT OF DOORS. ALL THINGS CONSIDERED, IT'S A GREAT PLACE TO CALL HOME.

Investor Tools

Property Icon
$414,690
Estimated Property Value
$278,961Estimated Mortgage Balance
$135,729Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$423,834
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,488 /month
Positive
Cash Flow Estimate:
$829 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,987
$414,690
2025
$28,750
$385,940
$414,690
No

Tax History

Year
Tax Paid
Assessed Value
2022
$6,987
$414,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Conventional
$292,000
No
First
Feb 7, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,961
$135,729
32%
67%
$1,705/mo

City: Reno

512 Michelle Ln | Property Details | No Agent List