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$525,000

1507 Corrara Dr, McLendon Chisholm, TX, 75032

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,725 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.66 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDouble Oven, Dishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,583 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNS5037-000Y-0015-00-0R
Lot Number15
SubdivisionSonoma Verde Ph 1b
Land UseResidential
Legal DescriptionSONOMA VERDE PH 1B, BLOCK Y, LOT 15
Census Tract040509
Assessed Land Value$140,000
Assessed Improvement Value$404,441
Assessment Year2025

About this property

Stunning drive-up appeal welcomes you to this beautiful Altura Homes residence in Sonoma Verde, a highly desirable master-planned community in the Rockwall area. Situated on an impressive 80-foot lot, this home features a welcoming front porch and a light, bright, open-concept layout designed for comfortable living and effortless entertaining. With 4 bedrooms, 3 full bathrooms, and a dedicated office, there is plenty of room for family, guests, and working from home. The spacious primary suite offers a relaxing retreat with a beautiful bathroom and walk-in closet, while the convenient mudroom adds everyday functionality. Step outside to enjoy the oversized covered patio with Jellyfish lighting and a large backyard, perfect for outdoor entertaining or relaxing evenings. The refrigerator, washer, and dryer are all included for added convenience. Enjoy the lifestyle Sonoma Verde offers, with community amenities and convenient access to shopping, dining, parks, and major roadways. This home combines thoughtful design, generous living space, and exceptional outdoor living in a sought-after community!

Investor Tools

$328,033Estimated Mortgage Balance
$216,408Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,267 /month
Positive
Cash Flow Estimate:
$1,089 /month

Interested in this property?

Talyn Provo

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
$249/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,337
$544,441
2025
$140,000
$404,441
$544,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,337
$544,441

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$361,976
No
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,033
$216,408
39%
60%
$2,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,420/mo
$-110/mo
5.1%

City: McLendon Chisholm

1507 Corrara Dr | Property Details | No Agent List