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$790,000

NAL Estimated Property Value

7208 Mitchell Court, Argyle, TX, 76226

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.57 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,402 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR470910
Lot Number21
SubdivisionMadison Addition Phase 1-B
Land UseResidential
Legal DescriptionMADISON ADDITION PHASE 1-B BLK 35H LOT 21
Census Tract021754
Assessed Land Value$182,000
Assessed Improvement Value$618,000
Assessment Year2025

About this property

Stunning home with great curb appeal in desirable Lantana with clubhouse, golf, pools, tennis, pond and more! Backing to a greenbelt provides privacy in a manicured backyard with spacious screened porch, hot tub, stone wall, new fence and lavish landscaping. Inside, the great room with vaulted ceiling is open to gourmet kitchen with oversized island, gorgeous cabinetry, gas cooktop, new oven and microwave, ample storage. Dedicated Office on first floor with French doors. Peaceful master with an ensuite bath offers separate vanities, jetted tub, oversized walk-in shower with bench, and spacious walk in closet. A secondary bedroom with full ensuite, utility room, half bath complete first floor. Upstairs, oversized game room with wet bar, two nicely appointed secondary bedrooms with jacknjill bath complete the interior. Relax on the screened porch, in the hot tub or play in the grassy backyard or head out to enjoy all that this spectacular community has to offer! New Paint, carpet 2022.

Investor Tools

Property Icon
$790,000
Estimated Property Value
$574,014Estimated Mortgage Balance
$215,986Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,740 /month
Positive
Cash Flow Estimate:
$1,580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,391/month
$124/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,739
$707,300
2025
$182,000
$618,000
$800,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,739
$707,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$621,600
No
First
Apr 21, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,014
$215,986
27%
73%
$3,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,851/mo
+$9/mo
5.9%

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.

Explore Texas Explore This Area
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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