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$700,000

722 Will Rice Ave, Irving, TX, 75039

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,462 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$284.32 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Electric Oven, Gas Cooktop, Gas Range, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1,290 sqft

Building Information

Year Built2016
Stories3
Roof Type104
Garage Spaces2

Land Information

APN320054900B0090000
Lot Number9
SubdivisionAmli At Las Colinas Urban Center
Land UseResidential
Legal DescriptionAMLI AT LAS COLINAS URBAN CENTER BLK B LT 9 INT202500040485 DD02272025 CO-DC 0054900B00900 2CI0054900B
Census Tract014209
Assessed Land Value$110,000
Assessed Improvement Value$560,140
Assessment Year2025

About this property

Spacious and beautifully maintained townhome in the highly desirable Verona Townhomes at Lake Carolyn. Featuring one of the community’s largest floor plans, this home offers an open layout with tall ceilings and stunning wood floors throughout. The gourmet kitchen features new Bosch 500 series appliances, granite countertops, and stacked upper cabinets. Two guest bedrooms, each with its own ensuite bathroom, provide privacy and comfort for visitors. The primary suite impresses with a spa-like ensuite featuring a large drop-in tub, walk-in shower, and an oversized walk-in closet. Pride of ownership throughout includes recently stained garage floor. Enjoy serene courtyard views from the second-floor patio or the private rooftop deck and recently stained pergola. Ideally located near the Toyota Music Factory, Campion Trail, Irving Water Street, DART, major highways, and more, this property offers a perfect blend of luxury and convenience.

Investor Tools

Property Icon
$670,140
Estimated Property Value
$550,000Estimated Mortgage Balance
$132,308Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,872/month
$152/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,114
$670,140
2025
$110,000
$560,140
$670,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,114
$670,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$550,000
No
First
Feb 27, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,832
$132,308
19%
80%
$3,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,800/mo
$3,450/mo
+$350/mo
6.8%

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: Irving

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722 Will Rice Ave | Property Details | No Agent List