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$296,465

516 Cheyenne Drive, Aubrey, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.65 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size4,099 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR646985
Lot Number26
SubdivisionCross Oak Ranch Phase 2 Tract 7a
Land UseResidential
Legal DescriptionCROSS OAK RANCH PHASE 2 TRACT 7A BLK 7F LOT 26
Census Tract020131
Assessed Land Value$65,600
Assessed Improvement Value$230,865
Assessment Year2025

About this property

The perfect home in a great neighborhood is waiting for you. This 3 Bedroom 2 Bath Home with Covered Patio is ready for a new family with amenities that include swimming pools, parks, playgrounds and events! This is a must see home!

Investor Tools

Property Icon
$296,465
Estimated Property Value
$0Estimated Mortgage Balance
$139,611Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,393
$296,465
2025
$65,600
$230,865
$296,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,393
$296,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Universal American Mortgage Co
Conventional
$204,761
No
First
Jul 31, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,854
$139,611
47%
53%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$500/mo
+$2,320/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Aubrey

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516 Cheyenne Drive | Property Details | No Agent List