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$345,000

802 Mary Lee Ln, Collinsville, TX, 76233

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.22 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringTile

Exterior

Lot Size11,774 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN213 7763001
Lot Number10
SubdivisionPark Ridge Addition Section Three
Land UseResidential
Legal DescriptionPARK RIDGE ADDITION SECTION THREE, BLOCK 1, LOT 10, ACRES .2703
Census Tract001902
Assessed Land Value$68,300
Assessed Improvement Value$261,639
Assessment Year2025

About this property

Welcome to your dream home in Collinsville, TX! This exquisite, custom built Patterson Premier Home, with 3 bed, 2 bath gem is perfectly located just down the road from Collinsville High School and down the road from the vibrant downtown area. Boasting an open floor plan flooded with natural light, this residence creates an inviting ambiance for everyday living and entertaining. Built with an upgraded 16 SEER AC unit, and upgraded foam insulation result in much higher energy efficiency and lower utility bills. With no HOA restrictions, you have the freedom to personalize your space as you desire. Don't miss the opportunity to experience the epitome of comfortable and convenient living in this remarkable Collinsville treasure.

Investor Tools

Property Icon
$341,000
Estimated Property Value
$326,235Estimated Mortgage Balance
$31,657Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,648
$329,939
2025
$68,300
$261,639
$329,939
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,648
$329,939

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Fha
$326,235
Yes
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,343
$31,657
9%
91%
$1,956/mo

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.

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: Collinsville

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