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$775,000

206 Cedar Tree Ln, Heath, TX, 75032

$933,903 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,238 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.87 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringCarpet, Hardwood, Marble

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size1.00 acres

Building Information

Year Built1994
Stories1
Garage Spaces6

Land Information

APN3255-0000-0005-00-0R
Lot Number5
SubdivisionThe Cedars
Land UseResidential
Legal DescriptionTHE CEDARS, LOT 5, ACRES 1.001
Census Tract040507
Assessed Land Value$265,000
Assessed Improvement Value$524,482
Assessment Year2026

About this property

Sitting on a full acre with NO HOA, this beautifully updated home offers over 4,200 square feet of living space and endless possibilities! Step inside to an impressive two-story entry that welcomes you into a home designed with room to spread out. The beautifully updated kitchen is a standout, while the thoughtful floor plan offers a spacious primary suite and a second bedroom downstairs. Upstairs, you'll find two additional bedrooms connected by a Jack-and-Jill bathroom, an expansive second living area with a nearby half bath, and a separate flex space perfect for a homework station, study area, or creative retreat. Storage is abundant throughout! Major recent improvements include 2021 tankless water heater, 2021 wood floors, 2026 class 4 impact resistant roof, gutters, and windows. Car enthusiasts and hobbyists will appreciate the five garage spaces, including a three-car attached garage and a two-car garage within the detached shop. Outside, the sprawling acre offers a blank canvas for whatever you envision. Whether it's cars, hobbies, outdoor entertaining, or simply enjoying the extra breathing room, this property offers the space and flexibility to truly make it your own. And did we mention NO HOA?

Investor Tools

$233,736Estimated Mortgage Balance
$799,264Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$933,903
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,198 /month
Positive
Cash Flow Estimate:
$2,066 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,381
$789,482
2026
$265,000
$524,482
$789,482
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,381
$789,482

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$356,651
Yes
First
Apr 5, 2012
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,736
$799,264
77%
23%
$1,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,650/mo
$1,250/mo
+$2,400/mo
4.2%

City: Heath

206 Cedar Tree Ln | Property Details | No Agent List