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$330,000

1340 Vernon Dr, Aubrey, TX, 76227

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,721 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.75 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR752937
Lot Number11
SubdivisionWinn Ridge Phase 2a
Land UseResidential
Legal DescriptionWINN RIDGE PHASE 2A BLK S LOT 11
Census Tract020123
Assessed Land Value$92,400
Assessed Improvement Value$252,600
Assessment Year2025

About this property

RARE 2.87% ASSUMABLE FHA LOAN OPPORTUNITY! Qualified buyers will have the incredible opportunity to assume the seller’s existing FHA loan at just 2.87% interest—a potentially significant savings compared to today’s market rates! Built by Centex Homes in 2020, this beautifully maintained home shows like new and offers 3 bedrooms, plus an office, large open kitchen, living, dining area, and 2 full baths. Bright, open-concept floor plan designed for comfortable everyday living and entertaining. The spacious kitchen with a large island opens seamlessly to the dining and living areas, while neutral finishes, abundant natural light and exceptional pride of ownership make this home truly move-in ready. Luxury vinyl plank flooring throughout and NEW carpet in the bedrooms. The well-designed layout offers a comfortable large owners suite with great sized walk in closet and generously sized secondary bedrooms and flexible space for guests or a home office. Outside, enjoy a private backyard with an extended covered patio offering plenty of room to relax, play and entertain. Located in the desirable Winn Ridge community with resort-style amenities including a community pool, playgrounds, green spaces, walking trails and sports fields. Conveniently situated near the rapidly growing Hwy 380 corridor with easy access to shopping, dining and surrounding North Texas communities. A like-new 2020 home combined with a 2.87% assumable FHA loan makes this an opportunity that is incredibly hard to duplicate! Loan assumption subject to buyer qualification, lender approval and applicable FHA requirements.

Investor Tools

$287,017Estimated Mortgage Balance
$57,983Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Kelly Inman

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,875
$345,000
2025
$92,400
$252,600
$345,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,875
$345,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Fha
$250,704
Yes
First
Jan 12, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,017
$57,983
16%
83%
$1,924/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$2,554/mo
+$1,126/mo
12.8%

City: Aubrey

1340 Vernon Dr | Property Details | No Agent List