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$630,000

701 Pearl Cv, Oak Point, TX, 75068

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.15 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesUncovered Courtyard
Lot Size1.17 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR175590
Lot Number245
SubdivisionEmerald Sound At Lake Lewisville Sec 3
Land UseResidential
Legal DescriptionEMERALD SOUND AT LAKE LEWISVILLE SEC 3 LOT 245
Census Tract020131
Assessed Land Value$229,343
Assessed Improvement Value$321,619
Assessment Year2025

About this property

WHERE SPACE, PRIVACY, QUALITY UPDATES & THOUGHTFUL AMENITIES COME TOGETHER! Nestled on a beautifully, wooded 1+ acre lot in the exclusive EMERALD SOUND neighborhood of Oak Point, this exceptionally well-cared for one-story ranch home offers the privacy & tranquility with an impressive list of improvements & smart-home features. From the moment you arrive, you'll appreciate the beautifully maintained grounds and inviting curb appeal. Inside, the home has been lovingly maintained with numerous upgrades & repairs, including a Class 3 roof & gutters, complete interior & exterior painting, major HVAC improvements, upgraded septic pump & controls, chimney cap replacement, and extensive stone patio, walkway & deck improvements. The primary bathroom features THERMOSTACTICALLY controlled HEATED FLOORS & a jetted, heated tub, creating a relaxing retreat. Both HVAC systems feature Wi-Fi-capable thermostats, while Ethernet cabling & hardwired surround sound are already in place for today's connected lifestyle. Smart-home features include 10 Z-Wave light switches, 2 Z-Wave plugs and 2 Z-Wave door locks—just add your hub. The garage includes a hardwired 7.5 KW EV CHARGER and Wi-Fi capable garage door opener. Enjoy front and rear landscape lighting, a Rachio Wi-Fi-capable 14 zone sprinkler system, and a SimpliSafe security system with 3 outdoor cameras and 3 indoor cameras. AND...the LOCATION is optimal! You want seclusion, away from the hustle & bustle, BUT, you also want Shops(HEB, COSTCO, SUPER TARGET), a variety of Restaurants and Entertainment, this property offers just that! You are mere minutes from the newly developed HWY 380 Corridor, with a quick shot to the Dallas North Tollway. Extremely well-cared for, thoughtfully upgraded, and great location this HOME is ready for you! Come see EVERYTHING this exceptional property has to offer—you truly don't want to miss this one!

Investor Tools

$126,013Estimated Mortgage Balance
$509,987Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,816 /month
Positive
Cash Flow Estimate:
$1,272 /month

Interested in this property?

Terri Bauer

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,434
$550,962
2025
$229,343
$321,619
$550,962
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,434
$550,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Linda Jeanette Drasil
Assumption
$164,500
Yes
First
Nov 18, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,013
$509,987
80%
20%
$987/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,212/mo
+$1,658/mo
5.4%

City: Oak Point

701 Pearl Cv | Property Details | No Agent List