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$141,500

1016 Tower Dr, Cedar Hill, TX, 75104

$183,950 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.48 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

AuctionAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size12,251 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN16023500050310000
Lot Number31
SubdivisionKingswood
Land UseResidential
Legal DescriptionKINGSWOOD 2 BLK 5 LOT 31 VOL2003248/9159 DD12102003 CO-DC 0235000503100 21602350005
Census Tract016524
Assessed Land Value$39,820
Assessed Improvement Value$242,190
Assessment Year2025

About this property

Name Your Price! Accepting reasonable offers. LIST PRICE IS THE HIGHEST OFFER. Seriously…This Is NOT a Joke! This property is being sold subject to a court order by a court-appointed Receiver. The listing agent is a Receiver appointed by a District Court in Dallas County to sell the property. And here’s a fun little plot twist: the listing agent has never even been inside the home. So, if you’re looking for a property tour complete with stories about where the previous owners kept their Christmas decorations…you’re going to be disappointed. That said, this could potentially be a pretty darn good buy. There may be some serious upside for the right buyer who knows what they’re getting into. If you have questions or want to be placed on the list to receive the terms and conditions of the sale, you may text or email the listing agent. And Now for the Fine Print…Buyer will be responsible for removing the current occupant, who is an owner, from the property. Buyer is purchasing the property AS-IS. There will be NO inspections. Cash or hard-money loans ONLY. There is NO seller's disclosure. Buyer beware! Seriously. BUYER BEWARE. So, in summary: court-ordered sale, no walkthrough, no inspections, no seller disclosure, and current occupant to deal with. Basically, this isn't your average “cute little starter home.” But if you know what you're doing and understand the risks, the numbers may make this one worth taking a closer look at. Katy Hubener, Licensed Realtor, Auctioneer (TDLR 18476), Seller and Court-Appointed Receiver. Seller reserves the right to execute offers subject to court approval. Offers will be reviewed on October 7, 2026. Room sizes are based on prior listings and may not be accurate. Information contained herein is not confirmed by seller. Buyer to verify. Buyer Beware.

Investor Tools

$38,091Estimated Mortgage Balance
$248,283Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$183,950
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

Interested in this property?

Katy Hubener

Crescent Real Estate Group-DFW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,990
$282,010
2025
$39,820
$242,190
$282,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,990
$282,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Unknown
$104,760
No
First
Dec 10, 2003
Jan 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,091
$247,909
86%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
N/A
+$2,360/mo
9.9%

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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1016 Tower Dr | Property Details | No Agent List