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$1,673,805

NAL Estimated Property Value

847 Providence Way, Heath, TX, 75032

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths3,721 Sq Ft
price_per_sqft$384.04 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood, Marble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Dog Run, Gas Grill, Rain Gutters, Lighting, Private Yard, Outdoor Grill, Garden
Lot Size43,429 sqft

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNS4699-000A-0019-00-0R
Lot Number19
SubdivisionProvidence Addition
Land UseResidential
Legal DescriptionPROVIDENCE ADDITION, BLOCK A, LOT 19
Census Tract040508
Assessed Land Value$375,000
Assessed Improvement Value$1,298,805
Assessment Year2025

About this property

Stunning Austin stone home situated on a one acre lot in the prestigious Providence Estates! This custom built home is a blend of modern design with a timeless transitional elegance creating a warm and welcoming feeling. The main living area features a stone fireplace high ceilings with beams and opens to the kitchen area. A wall of glass captures the amazing backyard oasis. Primary bedroom is located on the main level with a luxurious bathroom finished in white marble, designer hardware, jacuzzi bathtub, oversized shower and lots of closet space. In addition there is a secondary bedroom downstairs that serves as a private office or guest room complete with a murphy bed. The second level includes two bedrooms with ensuite bathrooms, media room and another living area.. Gourmet kitchen with granite countertops, tile backsplash,gas cooktop, double ovens, pot filler, huge walk in pantry, ice maker & wine refrigerator. Separate utility room with sink, mud room and 3 car garage.The spectacular backyard is complete with a pool with water falls, spa , outdoor living area with built in cooking area, Green Egg, fireplace, television and dog run. Pool house approx 830 Sq feet is amazing with a full kitchen, open living area, one bedroom and bath. This spectacular home is a great place for entertaining.

Investor Tools

Property Icon
$1,673,805
Estimated Property Value
$810,657Estimated Mortgage Balance
$863,148Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,043 /month
Positive
Cash Flow Estimate:
$3,348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,010/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,754
$1,673,805
2025
$375,000
$1,298,805
$1,673,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,754
$1,673,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$819,000
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$810,657
$863,148
51%
48%
$4,911/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$6,411/mo
$-3,401/mo
2.2%

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: Heath

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847 Providence Way | Property Details | No Agent List