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$278,000

1002 Mayes St, Cedar Hill, TX, 75104

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.07 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size13,442 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN16042670020020000
Lot Number2
SubdivisionStonewood Heights Ph Rep
Land UseResidential
Legal DescriptionSTONEWOOD HEIGHTS PH 3 REP BLK 2 LT 2 INT202400075209 DD04122024 CO-DC 0426700200200 4CH04267002
Census Tract016615
Assessed Land Value$55,000
Assessed Improvement Value$236,640
Assessment Year2025

About this property

***Multiple Offers Received***Beautiful 1 story home on a large lot located in Cedar Hill. 4 bedrooms and 2 bathrooms. Oversized Master bathroom with separate closest. Come check out the large backyard! Home needs TLC. Great opportunity.

Investor Tools

Property Icon
$291,640
Estimated Property Value
$268,270Estimated Mortgage Balance
$33,429Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,750 /month
Positive
Cash Flow Estimate:
$583 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,408
$291,640
2025
$55,000
$236,640
$291,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,408
$291,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$268,270
Yes
First
Apr 12, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,211
$33,429
11%
89%
$1,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$1,609/mo
+$1,461/mo
12.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cedar Hill

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1002 Mayes St | Property Details | No Agent List