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$257,990

5509 Corduroy Rd, Krum, TX, 76249

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.51 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size4,792 sqft

Building Information

Garage Spaces2

Land Information

APNR1039694
Lot Number15
SubdivisionHickory Grove Phase 1b
Land UseInventory, Vacant Platted Lots/Tracts
Legal DescriptionHICKORY GROVE PHASE 1B BLK A LOT 15
Census Tract020405
Assessed Land Value$43,124
Assessment Year2025

About this property

BRAND NEW NEVER-LIVED-IN HOME WITH UPGRADES + ASSUMABLE 4.25% ARM! Welcome to 5509 Corduroy Road in Hickory Grove, a growing master-planned community offering the rare opportunity to own a brand-new home with thoughtful upgrades that set it apart from the standard spec homes being offered throughout the community. Even better, the existing 4.25% ARM interest rate is assumable by a qualified buyer, offering a potential financing advantage in today's market. This charming single-story Arrowhead floor plan features 3 bedrooms, 2 baths, approximately 1,214 square feet, an open-concept kitchen, dining and living area, and a private primary suite with walk-in closet. The kitchen features quartz countertops, island, gas range, stainless steel appliances, pantry and INCLUDED refrigerator. Upgrades throughout include wood-look tile flooring throughout the main common areas, an upgraded primary shower, upgraded guest bathroom insert, and kitchen backsplash, giving this home an elevated finished look. Enjoy the added privacy of NO IMMEDIATE REAR NEIGHBORS, creating a more open backdrop behind the home. Additional features include 1-car garage, energy-efficient construction and smart-home technology. Hickory Grove offers planned amenities including a pool, playgrounds, park, clubhouse and pickleball, with convenient access to US-380 and FM-156. Nearby conveniences include shopping, grocery stores, restaurants and entertainment, while Downtown Denton, UNT, TWU and Ray Roberts Lake are just minutes away. Why buy the basic spec when you can have a brand-new home with upgrades already completed, added privacy and the potential benefit of assuming a 4.25% ARM?

Investor Tools

$201,435Estimated Mortgage Balance
$111,565Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

Interested in this property?

Matthew Perez

Peak Realty and Associates LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$557
$43,124
2025
$43,124
N/A
$43,124
No

Tax History

Year
Tax Paid
Assessed Value
2025
$557
$43,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$204,000
No
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,435
$111,565
35%
64%
$1,004/mo

City: Krum