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$616,000

745 Evergreen Way, Nevada, TX, 75173

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesLighting
Lot Size1.50 acres

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APNR-13169-000-0030-1
Lot Number3
SubdivisionEmerald Heights
Land UseResidential Single Family
Legal DescriptionEMERALD HEIGHTS, LOT 3
Census Tract031201
Assessed Land Value$180,000
Assessed Improvement Value$338,845
Assessment Year2025

About this property

BACK ON THE MARKET, Ask about the Complete Appliance Package Incentive...745 Evergreen Way is a gorgeously designed 4-bedroom, 2.5 bathroom home with a study on a sprawling 1.5 acre treed lot in Community ISD. This modern retreat combines elegance and practicality, featuring an open concept living area filled with natural light. The gourmet kitchen offers quartz countertops, stainless steel appliances, and custom cabinetry. The expansive primary suite includes a luxurious bathroom with dual vanities and a stunning walk-in shower. Three additional bedrooms offer versatility, including a separate study and a three car garage with a mud room. The finish out in this home is stunning. This is truly a custom home. The covered patio with treed backyard for privacy is like no other with endless views. This property is perfect for entertaining and enjoying the quiet country living. Plenty of room for a pool, shop or outdoor living area.

Investor Tools

Property Icon
$616,000
Estimated Property Value
$573,361Estimated Mortgage Balance
$46,797Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,919 /month
Positive
Cash Flow Estimate:
$1,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,551
$518,845
2025
$180,000
$338,845
$518,845
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,551
$518,845

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Unknown
$573,361
No
First
Dec 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,203
$46,797
7%
92%
$3,438/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,438/mo
$-866/mo
5.0%

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: Nevada

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