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$549,500

2206 Wellington Ln, Corinth, TX, 76210

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.33 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size7,497 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR699967
Lot Number13
SubdivisionTerrace Oaks Phase One
Land UseResidential
Legal DescriptionTERRACE OAKS PHASE ONE BLK 5 LOT 13
Census Tract021419
Assessed Land Value$130,038
Assessed Improvement Value$370,162
Assessment Year2025

About this property

Beautifully restored Corinth home with newer construction feel in an established neighborhood. This home offers 4 bedrooms, 3.5 bathrooms, and approximately 2743 square feet, fully updated with a new roof, new HVAC system, and remodeled kitchen throughout. Following a lightning strike approximately three years ago, the home underwent a full professional restoration with extensive documentation available for buyer review. Major systems were replaced including a new roof and a one year old two stage split HVAC system for the upstairs and downstairs, controlled by two programmable Ecobee thermostats. The remodeled kitchen features custom cabinetry, quartz countertops, a farmhouse sink, and under cabinet lighting, creating a bright and functional space for cooking and entertaining. The home also includes new laminate flooring and upgraded toilets throughout. The garage is built for convenience and efficiency with a deep utility sink, whole home surge protector, and a 220V outlet for fast EV charging, plus a large storage area. A lightning protection system adds extra peace of mind. Outdoor features include professional landscaping, front and backyard lighting, in ground landscape lighting, and underground drainage for a polished, low maintenance exterior. This Corinth home combines the charm and location of an established neighborhood with the systems, finishes, and upgrades buyers expect in newer construction. Extensively restored, move in ready, and full of thoughtful improvements throughout.

Investor Tools

$197,103Estimated Mortgage Balance
$303,097Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,297 /month
Positive
Cash Flow Estimate:
$1,099 /month

Interested in this property?

Julz Carradine

King Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,477
$500,200
2025
$130,038
$370,162
$500,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,477
$500,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$241,200
No
First
Nov 27, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,103
$303,097
60%
39%
$1,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,247/mo
+$873/mo
7.5%

City: Corinth

2206 Wellington Ln | Property Details | No Agent List