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$535,000

NAL Estimated Property Value

721 Meadowlark Ln, Josephine, TX, 75173

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,286 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.59 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size20,517 sqft

Building Information

Year Built2022
Stories1
Garage Spaces3

Land Information

APNR-9536-00A-0010-1
Lot Number1
SubdivisionHigh Meadow Estates Phase Ii (Cjo)
Land UseResidential
Legal DescriptionHIGH MEADOW ESTATES PHASE II (CJO), BLK A, LOT 1
Census Tract031201
Assessed Land Value$110,000
Assessed Improvement Value$350,981
Assessment Year2025

About this property

Welcome to Your Dream Home in Josephine, Texas – No HOA! Discover peace, space, and convenience in this beautiful home nestled in a well-established neighborhood of Josephine. Located on a prime corner lot and sitting on half an acre, this home offers the perfect blend of privacy, comfort, and functionality—with no HOA restrictions and a builder warranty on the foundation for added peace of mind. Boasting 2,286 square feet of living space, this thoughtfully designed home features: 3 spacious bedrooms 2 full bathrooms A bright foyer, formal dining room, and cozy breakfast nook A dedicated home office, perfect for remote work or hobbies A large primary suite offering comfort and room to unwind The open floor plan welcomes you with soaring ceilings and a generously sized living room, complete with a fireplace—perfect for cozy winter nights. Step outside into a backyard made for relaxation and entertaining. Enjoy three patios, all equipped with electricity, and the rear patio already has plumbing installed—ideal for an outdoor kitchen or future upgrades. There's also a space set aside for a firepit, ready for your creative touch. A full sprinkler system makes lawn care a breeze. Additional highlights include: 3-car garage Extended driveway for additional parking 8-ft privacy fence reinforced with a 15-ft sliding gate—great for vehicle or trailer access Room to expand or personalize your outdoor space This home combines comfort, functionality, and freedom—all in a peaceful community setting. Schedule your private tour today and imagine the possibilities! Buyer and Buyer's agent to verify all information.

Investor Tools

Property Icon
$535,000
Estimated Property Value
$365,302Estimated Mortgage Balance
$169,698Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,463
$460,981
2025
$110,000
$350,981
$460,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,463
$460,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$387,903
No
First
Mar 27, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,302
$169,698
31%
68%
$2,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,326/mo
$-354/mo
4.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Josephine

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721 Meadowlark Ln | Property Details | No Agent List