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$285,000

1005 Lake Ridge Dr, Sanger, TX, 76266

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.35 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,534 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR270778
Lot Number3
SubdivisionLake Ridge Estates Ph 1
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES PH 1 BLK A LOT 3
Census Tract020203
Assessed Land Value$65,340
Assessed Improvement Value$220,833
Assessment Year2025

About this property

Beautifully updated single story brick home that is truly move in ready. From the classic covered front porch, step inside to an open and light filled floor plan with fresh neutral paint, crown molding, and durable wood look luxury vinyl plank flooring flowing throughout the main living areas. The spacious living room is the heart of the home, featuring soaring ceilings, a cozy tiled fireplace with an elegant mantel, a ceiling fan, and a wall of oversized windows that fill the space with natural light while offering direct access to the backyard. The kitchen is built for both everyday living and entertaining, offering rich granite countertops, a full complement of stainless steel appliances, generous cabinet storage, a large pantry, and a breakfast bar that opens to the surrounding rooms. A bright dining area with tall picturesque windows sits just off the entry, and a sunlit breakfast nook provides the perfect casual gathering spot. Retreat to the private primary suite, complete with a vaulted ceiling, ceiling fan, and serene backyard views. The ensuite bath impresses with a double sink vanity, a built in makeup station, abundant counter space, and a walk in closet. Two additional bedrooms are generously sized with plush neutral tones and ceiling fans, served by a clean and bright full bathroom with a tub and shower combination. Outside, enjoy a covered rear patio ideal for relaxing or grilling, overlooking a fully fenced backyard with room to play, garden, or entertain. With its blend of timeless brick construction, thoughtful updates, and comfortable living spaces, this home is ready to welcome its next owner. Schedule your private showing today.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$0Estimated Mortgage Balance
$323,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

Interested in this property?

Robert Vernon

DVC Realty TX LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,782
$286,173
2025
$65,340
$220,833
$286,173
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,782
$286,173

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$274,928
Yes
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,820
$55,180
17%
80%
$1,701/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,901/mo
+$99/mo
7.4%

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: Sanger

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