$260,000
NAL Estimated Property Value707 Farmstead Way, Josephine, TX, 75189
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl
Exterior
Lot Size7,187 sqft
Building Information
Year Built2020
Garage Spaces2
Land Information
APNR-12026-00X-006U-1
Lot Number6
SubdivisionMagnolia Phase 3 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 3 (GCN), BLK X, LOT 6; UDI 2021, UNDIVIDED INTEREST 50.0000000000% UDI 2021
Census Tract031201
Assessed Land Value$40,000
Assessed Improvement Value$107,059
Assessment Year2025
About this property
SELLER OFFERING CREDIT TOWARDS BUYER CLOSING COSTS. Built in 2020 and move-in ready, this refreshed 4-bedroom, 2-bath home offers nearly 2,000 square feet in the highly sought-after Magnolia community. Fresh interior paint throughout and updated landscaping give the home a clean, brand-new feel from day one. Features include an open-concept layout, spacious kitchen with a large island, split-bedroom floorplan, and oversized backyard. Enjoy community pools, parks, walking trails, ponds, and playgrounds. Vacant, easy to show, and priced under $250,000.
Investor Tools
$260,000
Estimated Property Value
$0Estimated Mortgage Balance
$260,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
$240/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,799
$147,059
2025
$40,000
$107,059
$147,059
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,799
$147,059
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,000
100%
0%
$0/mo
