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$475,000

9123 Scarborough Dr, Iola, TX, 77861

$531,312 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.67 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt In Electric Oven, Dishwasher, Disposal, Gas Range, Microwave, Water Heater, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size1.61 acres

Building Information

Year Built2021
Garage Spaces3

Land Information

APNR75445
Lot Number465
Land UseResidential
Legal DescriptionKING OAKS SECTION 3, LOT 465, ACRES 1.61, (RE-PLAT 1646/278)
Census Tract180303
Assessed Land Value$155,110
Assessed Improvement Value$429,230
Assessment Year2025

About this property

Discover this 2,440 sq ft home on 1.6 acres in the desirable King Oaks subdivision, conveniently located off Hwy 30. The split floor plan offers 3 bedrooms and 2 baths downstairs, plus a flex room ideal for an office. The open-concept living area features high ceilings, wood-tiled floors, a fireplace, and spacious kitchen with island. The primary suite includes a large tiled glass shower and walk-in closet connecting to the mudroom and laundry. A hallway built-in provides convenient storage. Upstairs, an unfinished space above the garage and primary bath offers endless potential for an additional bedroom, game room, and storage, with a half bath already installed. Enjoy a large garage, spacious yard, cross-fencing, and a covered porch plumbed for gas—perfect for watching beautiful sunrises. King Oaks amenities include a community pool, pavilion, fishing lake, walking trails, and equestrian trails. Short commute to College Station.

Investor Tools

$376,872Estimated Mortgage Balance
$276,128Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$531,311
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

Interested in this property?

YoLanda Fultz

Fultz Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$544
$584,340
2025
$155,110
$429,230
$584,340
No

Tax History

Year
Tax Paid
Assessed Value
2021
$544
$584,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Stage Funding Llc
Va
$412,700
Yes
First
Jan 11, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,872
$276,128
42%
58%
$2,475/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: Iola

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9123 Scarborough Dr | Property Details | No Agent List