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$279,000

1011 Ridgecrest Street, Sweetwater, TX, 79556

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,923 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.4 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Exterior FeaturesStorage
Lot Size1.00 acres

Building Information

Year Built1964
Garage Spaces2

Land Information

APNS7750-0001-09
Lot Number7
Land UseResidential
Legal DescriptionTOWN & COUNTRY BLK 1 LOT 7
Census Tract950100
Assessed Land Value$13,080
Assessed Improvement Value$232,520
Assessment Year2025

About this property

Welcome to your dream home! Nestled on a nice one-acre lot with nice lake views, this charming property offers the perfect blend of comfort and functionality. Featuring three spacious bedrooms and two full bathrooms, this home boasts two inviting living areas and a dedicated dining area, perfect for both relaxing and entertaining. Ample storage throughout ensures everything has its place. Outside you'll find a variety of amenities that make this property truly special. Enjoy the convenience of a chicken coop, a nice workshop, and two additional storage buildings. Whether you're looking to garden, work on hobbies, or simply enjoy the outdoors this property has it all. Don't miss the chance to make this one your own. Seller wishes to sell as is!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$0Estimated Mortgage Balance
$105,695Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,175
$245,600
2025
$13,080
$232,520
$245,600
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,175
$245,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$177,500
Yes
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,305
$105,695
37%
62%
$1,065/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.

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: Sweetwater

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1011 Ridgecrest Street | Property Details | No Agent List