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$1,399,732

638 Strada Luca, Florence, TX, 76527

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths3,695 Sq Ft
price_per_sqft$378.82 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dog Run, Private Yard
Lot Size2.05 acres

Building Information

Year Built2023
Garage Spaces3

Land Information

APNR-10-W321-0100-0135
Lot Number135
Land UseResidential
Legal DescriptionS9468 - VINEYARD AT FLORENCE SEC 1, LOT 135, ACRES 2.05
Census Tract020201
Assessed Land Value$188,659
Assessed Improvement Value$1,212,992
Assessment Year2025

About this property

-No Bedroom shares a wall - Upstairs and downstairs have washer & dryer connections -Separate 50 amp for RV - Foam insulation - Quartz Counter Tops- LVP floors & tile in wet areas - 1/2 bath in garage - Smart switches - Double grill - Pet turf dog run - 35 ft pool, 6 ft deep - Private backyard - Patio Fireplace - RV parking with privacy fence - warranty storage shed - full irragation - "Jack and Jill" baths with roll in showers - 500 gallon propane tank - Double tankless water heater - Surrounded by Live Oaks - Smart thermostat 3 zone with RM sensors - CATG/ coax - soft close custom cabinets - copper tub - 4 panel patio door - Open front door glass - 10 year structural warranty

Investor Tools

$2,363,204Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,410 /month
Positive
Cash Flow Estimate:
$2,803 /month

Interested in this property?

Heath Griffing

2TX Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,107/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,273
$1,401,651
2025
$188,659
$1,212,992
$1,401,651
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,273
$1,401,651

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Open End Mortgage / Open End With Future Advance Clause
$1,222,254
No
First
Nov 22, 2022
Nov 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,363,204
N/A
0%
169%
$14,755/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.

Explore Texas Explore This Area
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: Florence

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638 Strada Luca | Property Details | No Agent List