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$530,660

NAL Estimated Property Value

556 Private Road 491, Leonard, TX, 75452

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,311 Sq Ft
price_per_sqft$220.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size2.00 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APN128733
Lot Number2
Land UseResidential
Legal DescriptionGRELL ADD, LOT 2, ACRES 2.002
Census Tract950702
Assessed Land Value$140,090
Assessed Improvement Value$390,570
Assessment Year2025

About this property

Construction AND ROADWORK are complete! Don't miss this beautiful new build home on two wooded & serene acres. The family-friendly floor plan is split for privacy and features soaring vaulted & tray ceilings, panoramic windows, crown molding, upgraded fixtures, a double-door entryway, plus more. The large island kitchen features white quartz counters, a walk-in pantry, custom soft-close cabinetry, double oven & stainless appliances. The huge primary bedroom has a modern barn door to ensuite bath with double quartz vanities, standalone tub plus half glass spa shower. All rooms are spacious with tall ceilings & upgraded floors, fixtures, doors & lighting. The exterior has uplighting, gutters, sidewalks & other convenience features. You're sure to love the quality, layout & country feel setting that is a quick commute to preferred shopping & businesses.

Investor Tools

Property Icon
$530,660
Estimated Property Value
$465,898Estimated Mortgage Balance
$64,762Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,184 /month
Positive
Cash Flow Estimate:
$1,061 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,984
$530,660
2025
$140,090
$390,570
$530,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,984
$530,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$478,670
Yes
First
Nov 14, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,898
$64,762
12%
88%
$2,870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,870/mo
$-298/mo
5.8%

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: Leonard

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556 Private Road 491 | Property Details | No Agent List