$309,900
137 Presidents Way, Venus, TX, 76084
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Refrigerator
FlooringCarpet, Ceramic Tile
Exterior
Lot Size5,663 sqft
Building Information
Year Built2017
Stories2
Roof Type105
Garage Spaces2
Land Information
APN85.7400.008.007.00.108
Lot Number7
SubdivisionPatriot Estates Ph 6a
Land UseResidential
Legal DescriptionLOT 7 BLK 8 PATRIOT ESTATES PH 6A .13 AC
Census Tract060803
Assessed Land Value$80,000
Assessed Improvement Value$288,015
Assessment Year2025
About this property
Built in 2017, this spacious 5-bedroom, 2.5-bathroom single-family home features a 2-car garage and a functional layout designed for easy living. The well-equipped kitchen stays complete with a refrigerator, microwave, dishwasher, and stove. Situated in an active HOA community offering pool access and common area maintenance (approx. $185 semi-annually), this home also presents great flexibility with rental opportunities allowed.
Investor Tools
$184,465Estimated Mortgage Balance
$182,805Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,204 /month
Positive
Cash Flow Estimate:
$735 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
$185/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,207
$367,270
2025
$80,000
$288,015
$368,015
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,207
$367,270
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$225,735
Yes
First
Dec 6, 2017
Jan 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,465
$182,805
49%
50%
$1,354/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,539/mo
+$433/mo
6.4%
