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$358,000

NAL Estimated Property Value

1022 Parkwood Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.08 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringTile

Exterior

Exterior FeaturesAwning(s), Lighting
Lot Size12,221 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN160498000D0130000
Lot Number13
SubdivisionWooded Creek
Land UseResidential
Legal DescriptionWOODED CREEK ESTATES PH 1 BLK D LT 13 INT201800231744 DD08242018 CO-DC 0498000D01300 4CH0498000D
Census Tract016630
Assessed Land Value$80,000
Assessed Improvement Value$271,730
Assessment Year2025

About this property

Home Sweet Home in well-known established neighborhood. This gorgeous and spacious home on corner lot with elegant design, vaulted ceilings and lots of natural lighting is offering an inviting open-concept layout, perfect for both everyday living and entertainment. The home features 4 bedrooms, 2 and a half baths, spacious primary bedroom with a walk-in closet, inviting kitchen with a skylight, 2 dining areas, 2 living areas one with an abundant natural lighting and a cozy fireplace, 2 car garage and fenced backyard with patio. Sellers are offering $3,000 as seller concession for painting (choose the color you like for your new home!). Great location, near shopping, dining, Belt Line, 67, I 20, Cedar Hill State Park and Joe Pool Lake.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$219,555Estimated Mortgage Balance
$138,445Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,250
$351,730
2025
$80,000
$271,730
$351,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,250
$351,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jfq Lending Inc
Fha
$247,127
Yes
First
Aug 19, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,555
$138,445
38%
61%
$1,482/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$1,812/mo
+$1,258/mo
10.3%

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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1022 Parkwood Drive | Property Details | No Agent List