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$695,000

827 Clearwater Lane, Keller, TX, 76248

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.84 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Hardwood, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,075 sqft

Building Information

Year Built1997
Stories2
Garage Spaces3

Land Information

APN14218D-2-47
Lot Number47
SubdivisionForest Lakes Estates Addition
Land UseResidential
Legal DescriptionFOREST LAKES ESTATES ADDITION BLOCK 2 LOT 47
Census Tract113816
Assessed Land Value$117,810
Assessed Improvement Value$511,769
Assessment Year2025

About this property

This lovely 4 bedroom home features modern updates throughout with gorgeous backyard and sparkling swimming pool! Find flowing floorplan with engineered hardwood in main living and dining area plus decorative lighting and chandeliers. Enjoy spacious family room with tons of natural light, outdoor views & fireplace. Kitchen features quartz countertops with matching kitchen table, abundant cabinetry, serve island with electric cooktop and built in study area. Unwind in master bedroom with frameless walk in shower and jetted tub, large walk in closet and additional sitting area with bay windows overlooking backyard. Secondary bedrooms plus 2 full baths on second level with oversized game room. Relax out back where you will find extended deck area with pergola, lap pool with color changing lights, spa with water feature & lush side yard. Recently replaced windows, front door, roof and fence. Find plenty of storage throughout, 2 attics, utility room with sink & cabinets and 3 car garage.

Investor Tools

Property Icon
$695,000
Estimated Property Value
$0Estimated Mortgage Balance
$195,253Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,265/month
$836/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,701
$629,579
2025
$117,810
$511,769
$629,579
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,701
$629,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$532,000
No
First
Aug 5, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,747
$195,253
28%
72%
$2,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$3,650/mo
$-1,140/mo
4.3%

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: Keller

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827 Clearwater Lane | Property Details | No Agent List