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$450,000

602 Hanover Ln, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.43 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32514500020090000
Lot Number9
SubdivisionStarlite
Land UseResidential
Legal DescriptionSTARLITE NO 10 BLK B LT 9 INT202400132139 DD07012024 CO-DC 5145000200900 2CI51450002
Census Tract014318
Assessed Land Value$90,000
Assessed Improvement Value$334,170
Assessment Year2025

About this property

This charming home located in North Irving, Cardinal Village, features an open-concept layout, modern kitchen and 3 bedrooms including a spacious primary suite, and a fenced backyard. Includes an outdoor living space with a gazebo. A fireplace in living room. A newer water heater and AC. Walk-in Closest. Kitchen Granite tops with stainless steel appliances and double oven. Jack and Jill bathroom. Metal roof. Built-in whole house generator with transfer switch. Refrigerator conveys. Conveniently located with easy access to amenities and major highways, this property offers the perfect blend of comfort and convenience.

Investor Tools

Property Icon
$468,000
Estimated Property Value
$263,940Estimated Mortgage Balance
$212,725Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,843
$424,170
2025
$90,000
$334,170
$424,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,843
$424,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$263,940
No
First
Jul 1, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,275
$212,725
45%
55%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,583/mo
+$389/mo
5.1%

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: Irving

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602 Hanover Ln | Property Details | No Agent List