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$399,000

5504 Parkplace Dr, Denton, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,007 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.8 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater

Exterior

Lot Size9,209 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR249100
Lot Number11
SubdivisionCountry Lakes North Phase One
Land UseResidential
Legal DescriptionCOUNTRY LAKES NORTH PHASE ONE BLK F LOT 11
Census Tract020318
Assessed Land Value$113,758
Assessed Improvement Value$277,243
Assessment Year2025

About this property

This well-maintained home is beautiful both inside and out. Backing up to a greenbelt with one of the neighborhood ponds, providing privacy, you will enjoy a fantastic view from the spacious patio making a great place to entertain and relax. Recently updated, the home features an open floor plan, engineered hard wood floors, quartz countertops, stainless steel appliances, large kitchen island and breakfast bar. The living room has a fireplace and large windows that let in plenty of natural light. The primary bedroom has a walk-in closet and an en-suite bathroom with a garden tub and a walk-in shower. The home also has a bonus room located near the front entry that can be used as an office, playroom, or an additional guest bedroom. The home is located in a master-planned community of Country Lakes with amenities such as a community pools, playgrounds, and walking trails and is close to major highways, making it easy to commute to work, shopping, dining, and entertainment options.

Investor Tools

Property Icon
$391,001
Estimated Property Value
$0Estimated Mortgage Balance
$391,001Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,069
$391,001
2025
$113,758
$277,243
$391,001
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,069
$391,001

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,001
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$425/mo
+$2,535/mo
9.1%

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: Denton

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5504 Parkplace Dr | Property Details | No Agent List