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$509,000

NAL Estimated Property Value

5605 Cortez Drive, De Cordova, TX, 76049

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.95 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Double Oven, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesRain Gutters, RV Hookup

Building Information

Year Built1996
Stories1
Garage Spaces3

Land Information

APN11643.000.0291.0
Lot Number291
SubdivisionDecordova Bend Est
Land UseResidential
Legal DescriptionLOT: 291 SUBD: DECORDOVA BEND EST UN 3
Census Tract160213
Assessed Land Value$40,000
Assessed Improvement Value$458,570
Assessment Year2025

About this property

This low maintenance property in De Cordova Bend Estates Country Club is traveler's lock & leave dream, with a huge RV garage (18x40x14) & minimal yard work needed. There is additional space for trailers, boats, water toys or other large vehicles behind the fence, plus the added guarded gate security as part of the extensive HOA amenities, which include a community pool & boat dock. This upgraded brick home exudes style with it's open concept kitchen, featuring stained concrete countertops, and plenty of cabinetry. This versatile floorplan has an office that could flex as a 4th bedroom if desired--not to mention a split bedroom design that allows for guests on one wing while the primary suite is situated on the other. Tile & wood flooring extend through the home, with carpet in all the bedrooms. A finished AC garage is currently set up like a workshop & with shelving, counterspace & epoxy flooring, and there is yet another third garage bay. 10K HOA initiation fee required in all sales.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$0Estimated Mortgage Balance
$509,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
$169/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,979
$498,570
2025
$40,000
$458,570
$498,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,979
$498,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$509,000
100%
0%
$0/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: De Cordova

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5605 Cortez Drive | Property Details | No Agent List