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$1,444,000

6700 Mountain Lake Pkwy, Cross Roads, TX, 76227

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths4,800 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 7Bathrooms Full 7
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.15 acres

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR528782
Lot Number5
SubdivisionStone Mountain Estates
Land UseCommercial
Legal DescriptionSTONE MOUNTAIN ESTATES BLK B LOT 5
Census Tract020121
Assessed Land Value$180,861
Assessed Improvement Value$1,021,590
Assessment Year2025

About this property

Over 1-acre lot in gated community. Lot backs up to a private pond, large established trees, and corner lot. Lot is ready for you to build your dream home.

Investor Tools

Property Icon
$1,444,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,444,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,664 /month
Positive
Cash Flow Estimate:
$2,888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,812/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,528
$1,202,451
2025
$180,861
$1,021,590
$1,202,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,528
$1,202,451

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,444,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$650/mo
+$3,030/mo
3.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Cross Roads

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6700 Mountain Lake Pkwy | Property Details | No Agent List