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$551,291

621 N Armstrong Rd, Venus, TX, 76084

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.91 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1 acre

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.6265.906.003.00.113
Lot Number3
SubdivisionMatthews Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 3 BLK F MATTHEWS FARMS ADDN PH 1 1.0000 AC
Census Tract060900
Assessed Land Value$127,000
Assessed Improvement Value$424,291
Assessment Year2025

About this property

SELLER OFFERING UP TO $25k BUYER INCENTIVES and a StrucSure 1-2-10 Home Warranty with acceptable offer. Plus IN-HOUSE LENDER HAS INCENTIVES OF $5K AVAILABLE TO ALL BUYERS AS WELL. Brand new custom build in Matthews Farm Subdivision. 5 bedrooms, 3 bathrooms and a 3 car garage. Coming soon Epoxy flooring in the garage. NO HOA. MAYPEARL ISD. OUTSIDE CITY LIMITS, SO NO CITY TAXES. Open floorplan with a beam and vaulted ceilings in the family room that has a gas fireplace with a mantle and stone. Gourmet kitchen is open and airy with quartz countertops, stainless steel appliances, oven microwave combo, pot filler, vent hood, gas cook top, upgraded European style cabinets with hardware, soft closure and under cabinet lighting. All interior doors are 8ft tall with upgraded hardware. Luxury vinyl flooring in the main areas of the home and the master bedroom. Extra bedroom can be used as study or office. Master bedroom has plenty of space and leads into a master bathroom with a nice size walk in shower with a built in niche, two separate vanities, and a stand alone soaking tub. Master closet has plenty of space that includes seasonal racks for extra storage and a stand up mirror. Home also includes a tankless water heater, aerobic septic tank and a built in underground 250 gallon propane tank. Porch and patio are covered and ceilings have upgraded stained shiplap. Front yard is beautifully landscaped with bushes and flowers and the backyard includes 20 feet of grass past the surface of the home. Sprinkler system and rain gutters have been installed around the entire home. Plenty of space for entertaining a big family for those nice home gatherings. A bundle of additional upgrades.

Investor Tools

Property Icon
$551,291
Estimated Property Value
$448,000Estimated Mortgage Balance
$111,852Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,821
$551,291
2025
$127,000
$424,291
$551,291
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,821
$551,291

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$448,000
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,439
$111,852
20%
80%
$2,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,686/mo
$-114/mo
5.6%

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: Venus

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621 N Armstrong Rd | Property Details | No Agent List