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$515,721

NAL Estimated Property Value

639 Johnson Ln, Ovilla, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,591 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Lot Size1.95 acres

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.1338.000.010.00.111
SubdivisionW C Billingsley
Land UseResidential
Legal Description1338 W C BILLINSLEY 1.949 ACRES
Census Tract060216
Assessed Land Value$180,000
Assessed Improvement Value$335,721
Assessment Year2025

About this property

Clean, Well Maintained & Beautiful 1 Story, 4 Bedroom & 3 Full Bath Home in a Quiet Country Setting. Stainless Steel Appliances, with Induction Cooktop and Double Oven. Large Eat-in Breakfast Room. Spacious Living Room and Bedrooms with WIC. Lots of Room and Plenty of Storage, a Perfect Place for Family Gatherings! Just a Short Drive to Shopping and Hwy 67. Landlord will have the lawn area mowed 2X month in Spring & Summer. No Pets Allowed. Leasing criteria includes but not limited to 1) Income 3X amount of rent 2) Good credit history 3) No criminal history 4) No eviction history.

Investor Tools

Property Icon
$515,721
Estimated Property Value
$166,969Estimated Mortgage Balance
$348,752Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,094 /month
Positive
Cash Flow Estimate:
$1,031 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,258
$515,721
2025
$180,000
$335,721
$515,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,258
$515,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mangus Finanicla Corp
Conventional
$141,600
No
First
Jan 15, 2005
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,969
$348,752
67%
32%
$1,870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,870/mo
+$210/mo
4.8%

City: Ovilla

639 Johnson Ln | Property Details | No Agent List