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$609,900

9240 Dove Hollow Road, New Fairview, TX, 76247

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.6 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1.00 acres

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR979940
Lot Number32
SubdivisionPaloma Ranch Estates Phase 2
Land UseResidential
Legal DescriptionPALOMA RANCH ESTATES PHASE 2 BLK 1 LOT 32
Census Tract020319
Assessed Land Value$131,250
Assessed Improvement Value$407,763
Assessment Year2025

About this property

Beautiful 2023 Modern Farmhouse on Over 1 Acre in Justin, TX (Northwest ISD). This 4 bedroom, 2 bath home offers 2,405 sq ft of open-concept living with modern farmhouse finishes throughout. Situated on a spacious 1+ acre lot, the property provides exceptional privacy, room to grow, and a fully fenced backyard ideal for kids, pets, and outdoor enjoyment. The bright, airy floorplan features a large living area, stylish kitchen, and generous bedrooms. Additional highlights include a 2-car garage and ample space for future additions such as a shop, pool, or garden. Located in the highly rated Northwest ISD and just minutes from Alliance Town Center, Texas Motor Speedway, Champions Circle Golf Club & Resort, BigShots Golf, and major highways including 35W, 114, and 170 for easy access to DFW Airport, Downtown Fort Worth, and Southlake Town Square. A perfect blend of modern comfort, country space, and unbeatable convenience. **SELLER OFFERING $10,000 IN CONCESSIONS FOR USING PREFERRED LENDER**

Investor Tools

$585,250Estimated Mortgage Balance
$7,750Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,659 /month
Positive
Cash Flow Estimate:
$1,220 /month

Interested in this property?

Ryan Barnes

NB Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,517
$539,013
2025
$131,250
$407,763
$539,013
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,517
$539,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$598,490
No
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$585,250
$7,750
1%
99%
$3,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$4,139/mo
$-1,019/mo
6.3%

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.

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: New Fairview

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