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$1,105,008

NAL Estimated Property Value

1020 Ridgeway Ct, Lowry Crossing, TX, 75069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,573 Sq Ft
price_per_sqft$286.85 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Lighting, Private Entrance, Private Yard, Garden
Lot Size2.26 acres

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APNR-1458-000-0360-1
Lot Number36
SubdivisionHighridge Farms (Unrecorded) (Clc)
Land UseResidential
Legal DescriptionHIGHRIDGE FARMS (UNRECORDED) (CLC), LOT 36
Census Tract031007
Assessed Land Value$282,450
Assessed Improvement Value$822,558
Assessment Year2025

About this property

MCKINNEY ISD -Truly, a home with so many areas to enjoy you will not be able to keep your guests in one place. Entertain them chatting in the dining room while serving cocktails from the butlers pantry. Or, become the go-to game night headquarters and entertain in the game room & media room areas. Perhaps on scorching summer days you rather watch the sight of comrades splashing in the pool from the cabana or stay a bit closer to the house under the sprawling covered patio. Invite loved ones over for those summer nights by the bonfire you wish could last forever. Need a little excitement - break out the four wheeler from your 3 car garage and race around your +2.5 acre lot jumping all the hills and mounds. Finally feed your inner equestrian, get that horse you've always wanted and be within walking distance to the stables. This is what forever looks like. This is the perfect place to make everlasting memories. This is the private estate you could only dream of till now!

Investor Tools

Property Icon
$1,105,008
Estimated Property Value
$894,971Estimated Mortgage Balance
$210,037Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,630 /month
Positive
Cash Flow Estimate:
$2,210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,038/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,928
$1,105,008
2025
$282,450
$822,558
$1,105,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,928
$1,105,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$922,410
No
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$894,971
$210,037
19%
81%
$5,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$5,531/mo
$-3,559/mo
2.1%

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: Lowry Crossing

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1020 Ridgeway Ct | Property Details | No Agent List