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$594,000

NAL Estimated Property Value

708 Fm 3048, Joshua, TX, 76058

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,931 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.37 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Playground
Lot Size5 acres

Building Information

Year Built1996
Garage Spaces1

Land Information

APN126.0296.00271
Land UseResidential
Legal DescriptionABST 296 TR 12D P GOLDEN
Census Tract130304
Assessed Land Value$250,000
Assessed Improvement Value$277,640
Assessment Year2025

About this property

Multiple Offers Received - Highest & Best due by Monday, April 14 at 6pm. You would never guess a home like this exists just a short drive from the Metroplex—tucked away on 5 pristine acres in Joshua, this beautifully updated modern farmhouse is the perfect blend of rustic charm and refined living. With no city taxes and endless possibilities, it’s the Texas dream. Step onto the covered front porch and into an open, light-filled floorplan where wood floors, tall ceilings, and custom built-ins bring warmth and character to every corner. The living room is anchored by a wood-burning fireplace and framed by picture-perfect windows that invite the outside in. The kitchen is full of charm and function with wood-accented coffered ceilings, a spacious island, an eat-in are with built-in benches, abundant cabinetry, and a generous walk-in pantry. The owner's ensuite is a peaceful retreat, complete with a cozy reading nook, built-ins, a stunning frameless walk-in shower, and a closet that dreams are made of. Downstairs also offers a secondary bedroom with an attached bath, plus a dedicated office currently used as a bedroom. Head upstairs to a spacious, cabin-inspired gameroom with built-ins and where natural light shines in. Located at each end of the gameroom, you'll find two additional rooms currently being used as bedrooms. The second level also offers an updated full bath with a walk-in shower. Outside, the fun continues to the fully fenced pool with pool house, ready for lazy weekends or unforgettable gatherings. The barn features a 1-car garage with workshop, and pens for livestock—with an upstairs storage space and a balcony that overlooks the beautiful pastures. A circular gated driveway and private playground round out the features on this expansive lot. Modern farmhouse vibes, 5-acres of freedom, and no city limits—this property truly offers the best of country living just minutes from convenience.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$411,622Estimated Mortgage Balance
$182,378Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,386
$527,640
2025
$250,000
$277,640
$527,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,386
$527,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$419,000
No
First
May 15, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,622
$182,378
30%
69%
$2,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,513/mo
$-128/mo
4.8%

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.

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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: Joshua

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708 Fm 3048 | Property Details | No Agent List