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$680,829

NAL Estimated Property Value

531 School House Rd, Paradise, TX, 76073

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,681 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.37 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Permeable Paving, Outdoor Grill
Lot Size2.23 acres

Building Information

Year Built2017
Roof Type158
Garage Spaces8

Land Information

APNR1410.0103.00
Lot Number3
SubdivisionKatelyn's Krossing Subdivision
Land UseResidential
Legal DescriptionLOT 3 BLK 1 KATELYN'S KROSSING SUBDIVISION
Census Tract150403
Assessed Land Value$127,876
Assessed Improvement Value$552,953
Assessment Year2025

About this property

Experience Paradise, TEXAS with the perfect blend of comfort, security, and country living in this gated entry, FULLY FENCED 2+ acre property. With limited restrictions, you can enjoy wide-open spaces, bring your livestock, SWIM in the inground POOL, or unwind by the outdoor fireplace with a game on the TV. Entertain outdoors with a BUILT-IN GRILL and Master Spas Twilight Series HOT TUB on the covered porch. Inside, you will find a CONCRETE STORM SHELTER within the pantry, security cameras, and front door keyless exterior door lock. The convenient location of the 4th bedroom makes it perfect for an office and the exterior access to the half bath making pool and spa time a cinch. For those needing extra space, the INSULATED 25x25 shop includes a 12x25 storage loft, power ladder access, and COVERED RV PARKING with 50amp plug hookup. Additional upgrades include COMPLETE FOAM INSULATION, a built-in pest control system, tankless water heater, surround sound speakers in the living room and back porch, wood flooring, double oven, propane cooktop, 20 SEER HVAC system, and walk-in floored attic space, and sprinkler system. Covered parking adds extra convenience with a 25x22 carport and 47x16 RV carport. Hot tub, washer, dryer, indoor refrigerator, security cameras, outdoor tv convey with acceptable offer price. Ask me for a list of property features.

Investor Tools

Property Icon
$680,829
Estimated Property Value
$500,345Estimated Mortgage Balance
$180,484Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$972/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,255
$680,829
2025
$127,876
$552,953
$680,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,255
$680,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Unknown
$504,000
No
First
Dec 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$500,345
$180,484
26%
73%
$3,022/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: Paradise

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531 School House Rd | Property Details | No Agent List