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$370,000

521 Martingale Trail, Oak Point, TX, 75068

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.53 acres

Land Information

APNR697272
Lot Number1
SubdivisionPrestonwood Polo And Country Club Additi
Land UseAgriculture / Farming
Legal DescriptionPRESTONWOOD POLO AND COUNTRY CLUB ADDITION BLK A LOT 1
Census Tract020115
Assessed Land Value$177,313
Assessment Year2025

About this property

This rare opportunity to own a Premium 2.53 Acre Corner Lot at renowned Prestonwood Polo and Country Club in Oak Point is your Golden Ticket to build a dream home in an ultra exclusive community, with perpetually unobstructed views of Polo Field(s) right from your back yard. Your builder, architect, etc are welcome for build-to-suit on 1 Acre (in front) land HOA maintained 1.53 Acres (in back) provides perpetually unobstructed views of Polo field activities. The serene environment is nestled between exponetial growth of Frisco and McKinney. Northern shores of lake Lewisville are nearby to South. There's quick access to major roads (720, 380, I-35 etc), for easy DFW commute and great schools. This development's masterful planning and design guidelines provide a high level of aesthetics throughout, ensuring a high-end exclusive and peaceful environment for decades to come. Of 22 exclusive estate lots, this a Premier Corner with great access. Established in 2008, Prestonwood is one of the largest USPA member clubs in North Texas, with Interscholastic and Intercollegiate programs, Home of TCU and UNT Polo teams & several High School Championships. Features: Year round play, 3 Bermuda Grass polo fields, 2 polo arenas (1 Covered for Winter Action), 1 stick n ball field. 48 covered stalls, 15 acres turn-out, Natural sandy loam soil footing. Fantastic location is N. Texas' home for the Sport of Kings and THE place to build... (Buyers & Agents, please independently verify all measurements & data)

Investor Tools

$330,746Estimated Mortgage Balance
$177,313Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

David Kane

Kane Rescom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,274
$177,313
2025
$177,313
N/A
$448,476
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,274
$177,313

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First American Bank
Open End Mortgage / Open End With Future Advance Clause
$350,000
No
First
Jun 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,746
N/A
0%
187%
$2,099/mo

City: Oak Point