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$275,000
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Property Description
INVESTOR OPPORTUNITY - OWNER FINANCING AVAILABLE. Located in the quiet, growing town of Josephine, this beautifully maintained 2020-built home sits on a spacious 0.21-acre corner lot and offers 4 bedrooms and 2 bathrooms. Designed with an open-concept layout, the kitchen and living areas flow seamlessly-ideal for modern living and entertaining.The home features a blend of carpet, tile, and luxury vinyl flooring, along with a well-appointed kitchen that includes a large bar, ample counter space, and a generous pantry. Step outside to a private, fenced backyard-perfect for weekend gatherings and outdoor enjoyment.Community amenities include a catch-and-release fishing pond, playground, and splash pad, enhancing the overall appeal for residents.Currently tenant-occupied, this property generates steady rental income, making it an excellent turnkey investment opportunity from day one.
Full Property Details
Full Property Details for 702 Saddle Oak Ln
General
- Price: $275,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Annually
- Taxes: $6,462
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21255494
- Updated: 6/16/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Wired for Data, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Inside Entrance, Side By Side
Location
- County: Collin
- Subdivision: Magnolia Ph 3
- Driving Directions: From Hwy 6 turn South on FM 1777 (East St). Go to Subdivision entrance turn left on Double R Psge. Turn Left on Community way, follow around and then turn right Rustic Way. Turn right Meadow Creek Ln and then a left on Saddle Oak. Property down on the left. Corner lot.
School Information
- Elem School District: Community ISD
- Midd School District: Community ISD
- High School District: Community ISD
- Elementary School: John & Barbara Roderick
- Middle School: Leland Edge
- High School: Community
Community
- Association: Yes
- Assoc. Name: Magnolia Pointe Residential Community
- Assoc. Fees Include: Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,577 Sq. Ft.
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.213
- Lot Size (Sq. Ft.): 9,278.28
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $480
- Assoc Fee Freq.: Annually
- Tax Amount: $6,462
- Terms: Cash, Conventional, Owner Will Carry, Other, VA Loan
Disclosures and Reports
- Legal Description: MAGNOLIA PHASE 3 (GCN), BLK Q, LOT 1
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: R1202600Q00101
- Block: Q
- Lot Number: 1
Listed by Howle Real Estate, Llc, Donald Howle
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Schools
Schools serving 702 Saddle Oak Ln
School District:Community Independent School District
| Name | Grades | Distance |
|---|---|---|
Leland E Edge Middle School 615 Fm 1138 N, Nevada, TX 75173 | 6-8 | 3.6 mi |
Community High School 440 North Farm To Market 1138, Nevada, TX 75173 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Saddle Oak Ln
Date
Details
Price
Change
Source
5/30/2026
Price Reduced
$275,000
-1.75%
MLS
5/01/2026
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 702 Saddle Oak Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,462
4%
$270,581
-2%
2023
$6,192
19%
$276,278
-10%
2022
$5,202
—
$308,569
18%
2022
$5,202
5%
$261,808
33%
2021
$4,955
736%
$197,109
478%
2020
$593
—
$34,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 Saddle Oak Ln
702 Saddle Oak Lane, Josephine, TX 75189 (MLS# 21255494) is a Single Family property with 4 bedrooms and 2 full bathrooms. 702 Saddle Oak Lane is currently listed for $275,000 and was received on May 01, 2026. Want to learn more about 702 Saddle Oak Lane? Do you have questions about finding other Single Family real estate for sale in Josephine? You can browse all Josephine real estate or contact a Coldwell Banker agent to request more information.

