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$425,000

517 Thompson Dr, Van Alstyne, TX, 75495

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size7,680 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN314 7545005
Lot Number5
SubdivisionGeorgetown Village Ii Phase 2 Replat Ben
Land UseResidential
Legal DescriptionGEORGETOWN VILLAGE II PHASE 2 REPLAT BENTON HOLDINGS BAKER, BLOCK H, LOT 5, ACRES .1763
Census Tract001803
Assessed Land Value$70,886
Assessed Improvement Value$402,933
Assessment Year2025

About this property

LOVELY HOME, SELLER HAS BEEN TRANSFERRED, PRICE REDUCED TO SELL FAST, - THIS IS A STEAL! ALL OFFERS CONSIDERED! Featuring 4 spacious bedrooms, 3.1 baths, a dedicated office, and 3 versatile living areas, this residence offers both comfort and functionality. BEAUTIFUL HAND-SCRAPED HARDWOODS grace the entry, dining, kitchen, breakfast, & family room, complemented by elegant 5.25-inch baseboards. Brand new modern light fixtures throughout enhance ambiance and energy efficiency. French doors to the private office, garage boasting epoxy-coated floors. Built-in cabinets installed by Closets by Design provide exceptional storage. The kitchen is bright with 42-inch white cabinets, beautiful granite countertops, & sleek stainless-steel appliances. The open floor plan connects the kitchen to the family room & features a STUNNING STONE FIREPLACE. PLANTATION SHUTTERS adorn all downstairs windows. The guest bath is outfitted with a heated, automatic bidet toilet, offering a luxurious and hygienic touch. The primary bedroom and ensuite overlook the backyard, and all closets have been custom designed by CLOSETS BY DESIGN for optimal organization. Upstairs, enjoy a large game room or living area, along with 3 bedrooms and 2 full baths. MOVE IN READY WITH SELLER HAVING REMOVED ALL FURNITURE & ADDING FRESH PAINT FOR A CLEAN SLATE. Located in the highly desired George Town Estates. Great neighborhood featuring a community pool, pavilion, walking trails, playground and a basketball court. Just off US 75. SCHEDULE YOUR APPOINTMENT TODAY!

Investor Tools

Property Icon
$473,819
Estimated Property Value
$319,103Estimated Mortgage Balance
$153,422Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,843 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$950/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,027
$473,819
2025
$70,886
$402,933
$473,819
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,027
$473,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Fha
$319,103
Yes
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,397
$153,422
32%
68%
$2,119/mo

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: Van Alstyne

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517 Thompson Dr | Property Details | No Agent List