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$1,438,625

705 Cambridge Court, Nevada, TX, 75173

$1,439,169 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths5,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.97 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Double Oven, Wine Cooler
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.36 acres

Building Information

Garage Spaces4

Land Information

APNR-12569-00A-0370-1
Lot Number37
SubdivisionLexington Heights Addition (Cnv)
Land UseResidential
Legal DescriptionLEXINGTON HEIGHTS ADDITION (CNV), BLK A, LOT 37
Census Tract031201
Assessed Land Value$98,000
Assessment Year2025

About this property

Experience luxury country living in the stunning Manor floor plan by Cope Homes, now fully completed, professionally furnished, and move-in ready, with all furnishings included in the price. This is a rare community close-out opportunity in the highly sought-after Lexington Heights community in Nevada. Take advantage of this exceptional pricing before it’s gone. Situated on a spacious 1+ acre homesite, this beautifully designed Craftsman-style home offers the perfect blend of elegance, comfort, and freedom. The expansive open-concept floor plan features soaring two-story ceilings, abundant natural light, and beautifully curated finishes throughout. The oversized 4-car garage has been thoughtfully converted into heated and cooled living space for even more room to enjoy. The gourmet kitchen showcases TWO quartz countertops, KitchenAid double ovens, a KitchenAid gas cooktop, two KitchenAid refrigerators, and dual oversized islands perfect for entertaining. The luxurious first-floor primary suite features a spacious sitting area and spa-inspired ensuite bath complete with a freestanding soaking tub and oversized walk-in shower with dual shower heads. Additional downstairs highlights include a private office and oversized laundry room. Upstairs offers three generously sized bedrooms, two and a half bathrooms, large game room with wet bar, and a dedicated media room. Enjoy seamless indoor-outdoor living with impressive multi-slide glass doors opening to a covered patio with a cozy wood-burning fireplace. Best of all, there’s no HOA. Add a shop, guest apartment, additional storage, or create the backyard oasis of your dreams on your expansive 1+ acre lot. If the Manor floor plan isn’t exactly what you’re looking for, Cope Homes also has several additional homes currently under construction throughout Lexington Heights. Opportunities like this are limited - secure your new home before this close-out pricing is gone.

Investor Tools

Property Icon
$911,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,439,168
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,632 /month
Positive
Cash Flow Estimate:
$2,877 /month

Interested in this property?

Raj Mann

Cope Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,042
$98,000
2025
$98,000
N/A
$98,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,042
$98,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spectra Bank
Building Or Construction Loan
$833,760
No
First
Mar 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$915,170
N/A
0%
100%
$5,599/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Nevada

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705 Cambridge Court | Property Details | No Agent List