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$1,110,000

NAL Estimated Property Value

7308 Balmoral Drive, Colleyville, TX, 76034

$1,128,236 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,791 Sq Ft
price_per_sqft$151.33 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Water Softener, Gas Water Heater, Water Heater
FlooringCarpet, Ceramic Tile, Concrete, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size17,890 sqft

Building Information

Year Built1999
Garage Spaces3

Land Information

APN42158C-B-12
Lot Number12
SubdivisionTimarron-Cascades At Timarron
Land UseResidential
Legal DescriptionTIMARRON-CASCADES AT TIMARRON BLOCK B LOT 12
Census Tract113640
Assessed Land Value$205,350
Assessed Improvement Value$702,041
Assessment Year2025

About this property

Builder's former home with Custom high quality finishes! Recently installed wood flooring in kitchen & breakfast areas. Wood floors in great room & formal areas. Gorgeous cabinetry. 4 bdrms, 4 baths, 4 living areas. 2 car garage & separate 1 car garage. 1st flr master, guest bdrm, study, great room, chef's kitchen, breakfast bar, 2 full baths & large utility. Media room with wet bar, game room, 2 additional bdrms & 2 baths on 2nd floor. Front stairwell leads to area overlooking great room. 2nd stairwell accessible from single car garage & guest bdrm. Central vacuum. Mature oak trees provide a beautiful backyard canopy. Condensing unit, evaporator coil, & drain pan installed August 2020. Room for a pool!

Investor Tools

Property Icon
$1,110,000
Estimated Property Value
$931,824Estimated Mortgage Balance
$178,176Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,128,236
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,660 /month
Positive
Cash Flow Estimate:
$2,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,636
$907,391
2025
$205,350
$702,041
$907,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,636
$907,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Conventional
$510,400
No
First
Nov 3, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$931,824
$178,176
16%
84%
$6,122/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$7,122/mo
$-3,552/mo
3.9%

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.

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: Colleyville

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7308 Balmoral Drive | Property Details | No Agent List