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$620,000

NAL Estimated Property Value

805 Underwood Ln, Celina, TX, 75009

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.31 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven
FlooringCarpet

Exterior

Exterior FeaturesDog Run, Rain Gutters

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11151-00C-0220-1
Lot Number22
SubdivisionLight Farms The Eastland Neighborhood Ph
Land UseResidential
Legal DescriptionLIGHT FARMS THE EASTLAND NEIGHBORHOOD PHASE 1 (GCN), BLK C, LOT 22
Census Tract030306
Assessed Land Value$178,500
Assessed Improvement Value$441,500
Assessment Year2025

About this property

Incredible opportunity in highly desirable Lights Farms neighborhood! Get into one of Highland's most popular plans. This home has it ALL and a brand new roof! 5 bedrooms 4 full baths with a downstairs guest bedroom and dedicated office! Full of upgrades including an extended back covered patio, quartz counters, luxury plank laminate flooring, plantation shutters and ss appliances. Fireplace in living, vaulted ceilings, kitchen island, and open plan make this a wonderful place to entertain. Spa like bath in downstairs primary suite. Upstairs features additional living area and three bedrooms. Coveted Prosper ISD, HOA offers unprecedented amenities including 5 pools, parks, fitness center, sand volleyball courts, ponds, cafe, walking trails, and so much more! Centrally located close to all the new retail development in Prosper and new DNT extension. Garage attic area has been completely decked for a massive amount of additional storage. Epoxy coating on garage floor and recent coat of paint downstairs makes this beauty turnkey and ready for a new owner! Home is vacant and ready for a quick close! Located in MUD and special taxing district

Investor Tools

Property Icon
$620,000
Estimated Property Value
$362,373Estimated Mortgage Balance
$257,627Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,870 /month
Positive
Cash Flow Estimate:
$1,290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$895/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,646
$620,000
2025
$178,500
$441,500
$620,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,646
$620,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$370,000
No
First
Mar 6, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,373
$257,627
41%
58%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$2,344/mo
+$1,136/mo
6.7%

City: Celina

805 Underwood Ln | Property Details | No Agent List