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$526,200

NAL Estimated Property Value

1005 Elk Ridge Dr, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,403 Sq Ft
price_per_sqft$136.91 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size11,326 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APNR000073639
Lot Number6
SubdivisionElk Ridge Estates
Land UseResidential
Legal DescriptionS4067 ELK RIDGE ESTATES;, BLOCK 3 LOT 6
Census Tract950203
Assessed Land Value$45,000
Assessed Improvement Value$481,200
Assessment Year2025

About this property

Built by Rocky Creek Homes. A fantastic CORNER lot with side entry garage, 1.5 story home in a desirable area with a POOL! No need to look any further as this home has it all. 3 bedrooms, 2 full baths AND 2 half baths. Bonus,media,game,exercise room upstairs. Freshly painted, clean, and ready for occupancy before school starts! Enter the large main living area with the kitchen just around the corner. A split plan with all bedrooms downstairs. Backyard features a pool to keep you cool during the hot summer months. An outdoor entertainment area compliments the covered back patio. Elk Ridge Estates is a desirable neighborhood in a great location close to major businesses and Tarleton. Get in to see this one fast!

Investor Tools

Property Icon
$526,200
Estimated Property Value
$280,777Estimated Mortgage Balance
$245,423Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,157 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$526,200
2025
$45,000
$481,200
$526,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$526,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$313,500
No
First
Dec 15, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,777
$245,423
46%
53%
$1,880/mo

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.

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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: Stephenville

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1005 Elk Ridge Dr | Property Details | No Agent List