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$600,000

1007 W Belt Line Rd, Cedar Hill, TX, 75104

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,391 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size2.96 acres

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN65013103510080000
SubdivisionSj Baggett Survey Abstract #131
Land UseResidential
Legal DescriptionS J BAGGETT ABST 131 PG 035 TR 8 LESS ROW PR-24-035501-1 DD10212024 CO-DC 0131035100800 4CH01310351
Census Tract016522
Assessed Land Value$222,230
Assessed Improvement Value$78,350
Assessment Year2025

About this property

Rare 3.2-acre property with high visibility and over 230 feet of frontage road on W. Belt Line Rd in Cedar Hill’s Old Town Corridor Sub-District. Features the historic Ramsey - Nafus House, dating to the 1860s and included on Cedar Hill’s Historic Walking Tour. Zoned for retail and office development, this site offers strong exposure, flexible use potential, and uncommon acreage within the Old Town area. Suitable for boutique retail, professional or medical office, restaurant, café, wellness, event, creative, or mixed commercial concepts compatible with Old Town character. Existing historic home may support adaptive reuse opportunities including office, restaurant, venue, or specialty business use. Property includes an artesian well, no HOA, and development flexibility for parking, phased projects, landscaping, expansion, or preservation-focused redevelopment. Unique opportunity for commercial development, investment, or historic preservation in a prime Cedar Hill location.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$69,029Estimated Mortgage Balance
$330,373Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,909
$300,580
2025
$222,230
$78,350
$300,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,909
$300,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peter Lindblom
Unknown
$69,029
No
First
Dec 28, 2011
Jan 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,627
$327,373
87%
12%
$414/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,870/mo
$414/mo
+$1,456/mo
6.0%

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: Cedar Hill

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1007 W Belt Line Rd | Property Details | No Agent List