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$1,295,000

642 Sheldon Dr, Trophy Club, TX, 76262

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.18 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,994 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR661487
Lot Number9
SubdivisionCanterbury Hills Phase 3
Land UseResidential
Legal DescriptionCANTERBURY HILLS PHASE 3 BLK B LOT 9
Census Tract020305
Assessed Land Value$253,344
Assessed Improvement Value$897,262
Assessment Year2025

About this property

You will be impressed when you enter this home, it has been impeccably maintained and reimagined with beautiful new contemporary updates. The home also faces a green space leading to the trails around the lake which provides lot's of wildlife viewing from the covered front porch! This is a great neighborhood for walking and seasonal events! This home also offers the perfect floor plan for someone wanting a single story home, but offers a game room with half bath on the 2nd floor. It has spaces in all the right places with a dedicated study, formal dining + breakfast nook, a pass thru serving bar with wine refrigerator, large living room with gorgeous fireplace and vaulted wood beamed ceiling, large primary bedroom + contemporary updated bathroom + custom walk in closet, three additional bedrooms on the first floor, designer powder bath, nicely sized laundry room with mud drop zone, double garage + single garage, all with epoxy flooring, racks in single garage can stay, and a lovely backyard complete with pool, spa and waterfalls. Seller needs a leaseback - preferably until July 31st if possible. - MATTERPORT 3D TOUR available under Virtual Tours!

Investor Tools

Property Icon
$1,273,000
Estimated Property Value
$650,000Estimated Mortgage Balance
$671,661Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,770 /month
Positive
Cash Flow Estimate:
$2,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,077/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,561
$1,150,606
2025
$253,344
$897,262
$1,150,606
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,561
$1,150,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$650,000
No
First
Jun 9, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$601,339
$671,661
52%
47%
$3,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$4,248/mo
$-1,488/mo
2.6%

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.

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: Trophy Club

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642 Sheldon Dr | Property Details | No Agent List