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$950,000

7101 Mitchell Ct, Argyle, TX, 76226

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,388 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.1 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,411 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR498359
Lot Number14
SubdivisionMadison Addition Phase C
Land UseResidential
Legal DescriptionMADISON ADDITION PHASE C BLK 35G LOT 14
Census Tract021754
Assessed Land Value$182,047
Assessed Improvement Value$714,953
Assessment Year2025

About this property

Welcome to the amazing Madison Neighborhood of Lantana! This spacious five-bedroom Highland Home is a Huntington model and includes a NEW ROOF, NEW GUTTERS, NEW PAINT, and NEW CARPET! Ideally located behind both an elementary and middle school campus, this home offers everyday convenience. Inside, the open-concept layout connects the living room, dining area, kitchen, butler’s pantry, and a charming coffee bar—perfect for entertaining and daily living. A bright, elegant library with French doors, ceiling beams, and a glass-paneled exterior door opens to the front patio—ideal for quiet work or reading. The grand living room features hand-scraped hardwood floors, a soaring Austin stone fireplace, and a wall of windows overlooking the tree-lined backyard and covered patio. The gourmet kitchen boasts floor-to-ceiling custom cabinetry, an oversized walk-in pantry, and dedicated butler’s and coffee stations for both charm and function. The expansive primary suite includes a bay window, detailed ceiling, and a luxurious en-suite bath with a Jacuzzi tub, walk-in rain shower, and a full wall of built-in storage—creating the perfect personal retreat. Mother-In-Law Suite Downstairs is a bonus! Upstairs, you'll find three spacious bedrooms, two full bathrooms, an additional half bath, a game room, and a media room—ideal for relaxing or entertaining. Outdoor living is a true highlight. A charming front patio welcomes guests with warmth and style. In the back, a spacious covered patio is thoughtfully designed for year-round enjoyment, featuring electric retractable screens and a commercial-grade heater—perfect for relaxing or hosting, even in cooler months. The breathtaking backyard is a true sanctuary, with over 20 trees creating a peaceful, private setting that feels like your own personal retreat. This exceptional home blends elegance, space, and thoughtful design—an outstanding opportunity in one of Lantana’s most desirable neighborhoods.

Investor Tools

Property Icon
$950,000
Estimated Property Value
$454,800Estimated Mortgage Balance
$541,861Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,687/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,490
$847,364
2025
$182,047
$714,953
$897,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,490
$847,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$454,800
No
First
Jan 5, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,139
$541,861
57%
43%
$2,727/mo

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: Argyle

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7101 Mitchell Ct | Property Details | No Agent List