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$414,468

NAL Estimated Property Value

709 Red Cedar Ln, Glenn Heights, TX, 75154

$538,808 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.52 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size5,998 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN36.6224.912.004.00.111
Lot Number4
SubdivisionMagnolia Meadows Ph 3
Land UseResidential
Legal DescriptionLOT 4 BLK L MAGNOLIA MEADOWS PH 3 0.1377 AC
Census Tract060216
Assessed Land Value$55,000
Assessed Improvement Value$359,468
Assessment Year2025

About this property

APPROVED TO BE SOLD FOR $88,000 BELOW 2024 ASSESSED VALUE!!!!!! TONS of potential in this Beautiful 5Bed 3Bath 2Live 2Dine 2Garage home located in one of the best blocks of the MAGNOLIA MEADOWS Subdivision of Glenn Heights featuring breakfast bar with dining room laminate tile, Gas Range, Whirlpool Stainless Steele Appliances including Dishwasher, & Microwave. Features Open kitchen, decorative tile backslash, Recessed Lighting, Mahogany Cabinets with Molding. Master Bath features Oversized Shower, and Dual Vanity. Great curbside appeal, enclosed backyard. A MUST SEE!!!!

Investor Tools

Property Icon
$414,468
Estimated Property Value
$326,529Estimated Mortgage Balance
$87,939Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$538,808
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,487 /month
Positive
Cash Flow Estimate:
$829 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,871
$414,468
2025
$55,000
$359,468
$414,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,871
$414,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$331,877
Yes
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,529
$87,939
21%
79%
$1,990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,515/mo
+$195/mo
7.8%

City: Glenn Heights

709 Red Cedar Ln | Property Details | No Agent List