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$565,000

740 Sheldon Rd, Lantana, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.56 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size5,031 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR471047
Lot Number35
SubdivisionMagnolia Addition Phase E
Land UseResidential
Legal DescriptionMAGNOLIA ADDITION PHASE E BLK 29C LOT 35
Census Tract021754
Assessed Land Value$110,660
Assessed Improvement Value$431,287
Assessment Year2025

About this property

Welcome to this beautifully appointed, single-owner home nestled on a rare end lot in the highly sought-after, amenity-rich Lantana community! With peaceful creek views, no neighbors to one side, & direct access to the Lantana nature trail, this home offers a level of privacy & connection to nature that is truly a rare find. Enjoy morning or evening walks just steps from your backyard, where sightings of bunnies & deer have become a cherished part of everyday life. Step inside to discover warm engineered hardwood floors & a thoughtfully designed layout that effortlessly balances everyday living with elegance & charm. Just off the entry, a private home office with French doors & custom built-ins creates the perfect work-from-home space. The main living areas flow seamlessly together, with an updated kitchen at the heart of the home opening to the breakfast area & inviting living room. A downstairs guest suite complete with its own ensuite bath offers comfort & flexibility for visitors or multigenerational living. Throughout the home, you’ll appreciate fresh interior paint & updated light fixtures that bring a bright, modern feel, while recent improvements, including a one-year-old roof & new garage door, provide added peace of mind for years to come! Upstairs, the primary suite serves as a peaceful retreat, featuring access to a private balcony where you can enjoy your morning coffee or unwind while taking in the tranquil creek views. The second level also offers two additional bedrooms, another full bathroom, a spacious media room, as well as a versatile landing area & bonus room— which could easily function as a playroom, exercise area, or additional living spaces to fit your needs. Step outside to a refreshed backyard featuring a wood pergola & brand new sod, creating a lush space for relaxing or entertaining. With its rare lot placement, thoughtful updates, spacious floor plan, & access to Lantana’s exceptional amenities, this home truly is the full package!

Investor Tools

Property Icon
$559,000
Estimated Property Value
$290,000Estimated Mortgage Balance
$270,257Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,165/month
$131/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,183
$541,947
2025
$110,660
$431,287
$541,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,183
$541,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$29,664
Yes
First
Jun 5, 2023
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,664
$247,336
43%
57%
$1,917/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,048/mo
+$912/mo
6.4%

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.

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: Lantana

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740 Sheldon Rd | Property Details | No Agent List