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$630,100

NAL Estimated Property Value

1033 Elk Ridge Dr, Stephenville, TX, 76401

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,363 Sq Ft
price_per_sqft$170.95 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Water Softener

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size11,326 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APNR000073643
Lot Number10
SubdivisionElk Ridge Estates
Land UseResidential
Legal DescriptionS4067 ELK RIDGE ESTATES;, BLOCK 3 LOT 10
Census Tract950203
Assessed Land Value$45,000
Assessed Improvement Value$585,100
Assessment Year2025

About this property

Welcome to this exceptional home nestled in the sought-after Elk Ridge Estates neighborhood of Stephenville. From the moment you arrive, the brick and stone exterior and manicured corner lot make a lasting impression. Inside, you will find generous living space featuring rich hardwood floors, ceramic tile, and plush carpet throughout. The soaring two-story living room centers around a dramatic floor-to-ceiling stone fireplace, creating a warm and inviting atmosphere. The open-concept layout connects the living, dining, and kitchen areas seamlessly - ideal for everyday living and entertaining alike. The kitchen is appointed with custom cabinetry, granite countertops, a gas cooktop, KitchenAid dishwasher and refrigerator, a large island with breakfast bar, and a walk-in pantry. A Rinnai tankless water heater and whole-home water softener system add comfort and efficiency. The spacious primary suite is located on the main level and features a spa-like ensuite with dual sinks, jetted tub, separate shower, and walk-in closet. Upstairs you will find generously sized secondary bedrooms and a large game room with its own private ensuite bath - perfect as a fourth bedroom, media room, or playroom. A second full bath serves the additional upstairs bedroom. A dedicated home office on the main level adds further flexibility. Step outside to a private backyard retreat featuring a gunite heated pool and spa, covered patio, pergola, and privacy-fenced backyard with mature trees. Additional features include a side-entry two-car garage, storage building, and buried propane tank serving the gas cooktop and fireplace. Custom built by Rocky Creek. No HOA. Stephenville ISD.

Investor Tools

Property Icon
$630,100
Estimated Property Value
$345,018Estimated Mortgage Balance
$285,722Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,781 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$630,100
2025
$45,000
$585,100
$630,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$630,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Commercial
$375,000
No
First
Apr 14, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,018
$285,082
45%
55%
$2,249/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.

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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: Stephenville

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1033 Elk Ridge Dr | Property Details | No Agent List