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$578,000

NAL Estimated Property Value

629 Meadowcrest Dr, Highland Village, TX, 75077

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.68 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,200 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR107119
Lot Number7
SubdivisionHighland Meadows
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS BLK D LOT 7
Census Tract021514
Assessed Land Value$110,400
Assessed Improvement Value$454,425
Assessment Year2025

About this property

Home is professionally furnished including housewares, decor, etc. (can be purchased for $15k on top of list price for a total of $610k) and has been a corporate rental managed by Texas Corporate Homes specializing in midterm and STR having made $38k in 6 mos. ($76k expected in full year) in revenue from June - Dec 2024. Owner is looking to sell the property turn-key with the new owner stepping into the corporate rental program (not required) or moving into the beautiful home. Experience the perfect blend of modern updates and original character in this Highland Village home! Nearly 3,000 square feet of living space encompass four bedrooms, three bathrooms, two living areas, and two dining areas. The first floor, bathed in natural light from large windows, feels bright and open thanks to its airy layout. A thoughtful floor plan provides a primary ensuite plus a secondary bedroom and full bath on the main level, with two additional bedrooms sharing a full bath upstairs. Generous storage options include walk-in closets for every bedroom, a dedicated laundry room, a kitchen pantry, and a beautifully renovated wet bar. Recent improvements feature new hardwood floors and carpet. The kitchen remodel introduced an expanded island, quartz countertops, refreshed cabinet doors, plus a new dishwasher and stove top. In 2020, new systems were installed—furnace, water heater, downstairs AC units, and roof. Mature trees and a privacy fence enclose the backyard and patio, offering abundant space to create an expansive outdoor living area.

Investor Tools

Property Icon
$578,000
Estimated Property Value
$479,910Estimated Mortgage Balance
$98,090Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,019/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,337
$564,825
2025
$110,400
$454,425
$564,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,337
$564,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$482,000
No
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,910
$98,090
16%
83%
$2,890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,890/mo
+$310/mo
6.6%

City: Highland Village

629 Meadowcrest Dr | Property Details | No Agent List