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Owner Contacts

$312,150

NAL Estimated Property Value

8633 King Ranch Dr, Cross Roads, TX, 76227

Off Market

3 Beds

2 Bath

1,745 Sq Ft

$183.38 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size5,611 sqft

Building Information

Year Built2005

Stories1

Roof Type105

Garage Spaces1

Land Information

APNR271271

Lot Number30

SubdivisionCross Oak Ranch Ph 2 Tr 6

Land UseResidential

Legal DescriptionCROSS OAK RANCH PH 2 TR 6 BLK 6C LOT 30

Census Tract020131

Assessed Land Value$89,760

Assessed Improvement Value$222,390

Assessment Year2025

About this property

Come home to this Cross Oak Ranch 1 story gem with 3 bedrooms plus study. The inviting cedar front porch, expansive wood flooring & wood burning fireplace combine to create a cozy retreat at the end of the day. Entertaining is extra fun when you find your guests gravitating to the long breakfast bar with seating for 4. The kitchen also features generous counter space, pantry, black appliances & fridge which stays. The 17 X 14 primary retreat has a garden tub, separate shower, dual sinks & spacious closet. Sprinkler system, all electric, HVAC 2022, toilets 2018, storm doors 2020, blinds 2021, carpet 2017, partial fence 2019, insulated garage door. Private level backyard with open patio. Living in Cross Oak Ranch is a lifestyle with elementary school in the neighborhood, pools, walking and jogging paths, playground and lake. Denton ISD & close proximity to shopping, dining & Lake Lewisville recreation & activities. Just 10min to Oak Point boat launch

Investor Tools

$312,150

Estimated Property Value

$298,275Estimated Mortgage Balance

$13,875Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,920 /month

Positive

Cash Flow Estimate:

$640 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$459/month

$492/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,945

$312,150

2025

$89,760

$222,390

$312,150

Tax History

Year

Tax Paid

Assessed Value

2024

$3,945

$312,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Truist Bank

Conventional

$310,400

First

Mar 4, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$298,275

$13,875

96%

$1,862/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,820/mo

$2,354/mo

+$466/mo

10.8%

Learn About the Market: Opportunity in Texas

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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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