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$230,000

511 N Cherry St, Aubrey, TX, 76227

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,114 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.46 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood, Luxury Vinyl Plank

Exterior

Lot Size10,454 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR51926
SubdivisionJ.M. Fisher
Land UseResidential
Legal DescriptionA0432A J.M. FISHER, TR 66, .24 ACRES, OLD DCAD TR 16E
Census Tract020117
Assessed Land Value$73,178
Assessed Improvement Value$162,114
Assessment Year2025

About this property

Nearly a quarter acre of shaded, fenced yard sets this three-bedroom brick ranch apart in the heart of Aubrey. Towering mature trees frame the backyard, where a paver patio, raised garden beds, and two storage sheds give you room to grill, grow, and store it all. The big-ticket item is already done, with a brand-new HVAC system installed in September 2026. Inside, wood-look laminate runs through a light-filled living room, and the eat-in kitchen offers a gas range, stainless dishwasher, and a picture window overlooking the yard. Washer, dryer, and fridge are included. A true two-car garage adds space for vehicles, tools, and weekend projects. Located in Aubrey ISD just minutes from historic Downtown Aubrey and US-377, with easy access to Denton and Lake Ray Roberts, all less than 1 hour from DFW Airport. Schedule your private showing today.

Investor Tools

$14,547Estimated Mortgage Balance
$230,453Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Justin Lewis

Milestone Realty Texas LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$943
$231,239
2025
$73,178
$162,114
$235,292
No

Tax History

Year
Tax Paid
Assessed Value
2025
$943
$231,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Advantage Investors Mtg Corp
N/A
$47,000
N/A
First
Sep 3, 1999
Oct 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,547
$230,453
94%
6%
$484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$484/mo
+$2,336/mo
13.8%

City: Aubrey

511 N Cherry St | Property Details | No Agent List