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$472,000

NAL Estimated Property Value

515 S Colorado St, Celina, TX, 75009

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,183 Sq Ft
price_per_sqft$233.62 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size14,998 sqft

Building Information

Year Built1975
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1023-021-0070-1
Lot Number7,8
SubdivisionCelina Original Donation (Ccl)
Land UseResidential
Legal DescriptionCELINA ORIGINAL DONATION (CCL), BLK 21, LOT 7 & 8
Census Tract030306
Assessed Land Value$198,000
Assessed Improvement Value$237,743
Assessment Year2025

About this property

**Charming 4-Bedroom, 2-Bath Home in the Heart of Celina** Discover this beautifully remodeled home located in the heart of Celina, just a short walk from the Elementary School and Downtown Celina. This spacious 4-bedroom, 2-bath residence has been meticulously updated to offer modern comforts and style, featuring a new roof, new HVAC, stylish new flooring throughout, and fresh interior and exterior paint. The home also boasts brand new appliances and elegant quartz countertops. With its open floorplan perfect for entertaining, this home combines convenience and contemporary living, making it a perfect choice. Don't miss the opportunity to own this stunning property in a prime location. Grass has been edited in photos.

Investor Tools

Property Icon
$472,000
Estimated Property Value
$356,126Estimated Mortgage Balance
$115,874Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,195
$435,743
2025
$198,000
$237,743
$435,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,195
$435,743

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marshall Reddick Mortgage Fund Llc
Commercial
$370,000
No
First
Apr 9, 2024
May 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,126
$115,874
24%
75%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,219/mo
+$451/mo
6.8%

City: Celina

515 S Colorado St | Property Details | No Agent List