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$454,000

5516 Candlewood Drive, Denton, TX, 76207

$456,120 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.21 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,532 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1015318
Lot Number31
SubdivisionStark Farms Phase 3
Land UseResidential
Legal DescriptionSTARK FARMS PHASE 3 BLK M LOT 31
Census Tract020504
Assessed Land Value$80,216
Assessment Year2025

About this property

Welcome to 5516 Candlewood in Denton! Discover the perfect blend of comfort, functionality, and modern design in this beautifully maintained Beazer-built home located in the Stark Farms community in Denton, TX. Offering 3 bedrooms, 2.5 bathrooms, plus a dedicated office or flex space, this thoughtfully designed floor plan provides the versatility today’s lifestyle demands. At the front of the home, the private office creates the ideal space for working from home, a playroom, or additional living area. The spacious open-concept living room flows seamlessly into the kitchen, featuring granite countertops, an oversized island, upgraded appliances, and abundant cabinetry—perfect for both everyday living and entertaining. The peaceful primary suite offers a large walk-in closet and a modern ensuite bath with an oversized shower, while the additional bedrooms are conveniently located upstairs alongside a second full bathroom. An oversized loft-style family room provides endless possibilities for a media room, game room, workout area, or second living space. Downstairs, the stylish half bath showcases custom black-and-white tile flooring, while the mudroom adds both convenience and extra storage. Step outside to enjoy the covered patio overlooking beautiful green space with no direct neighbor on one side, creating added privacy and peaceful views. Ideally situated on a cul-de-sac with a scenic pond welcoming you into the neighborhood, this home combines charm, thoughtful design, and an exceptional location close to Denton shopping, dining, and top-rated schools. Ready to welcome its next owners, this Stark Farms gem truly offers the best of modern living.

Investor Tools

$394,439Estimated Mortgage Balance
$59,561Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$456,120
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,724 /month
Positive
Cash Flow Estimate:
$908 /month

Interested in this property?

Chrissy Mallouf

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$942
$80,216
2025
$80,216
N/A
$80,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$942
$80,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$403,362
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,439
$59,561
13%
87%
$2,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,969/mo
$-949/mo
5.3%

City: Denton