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$350,000

1037 Cedar Trail Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,916 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.67 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesDog Run
Lot Size17,803 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces4

Land Information

APN16023500050010000
Lot Number1
SubdivisionKingswood
Land UseResidential
Legal DescriptionKINGSWOOD 2 BLK 5 LT 1 & S 1/2 LT 2 INT202400138181 DD07102024 CO-DC 0235000500100 4CH02350005
Census Tract016524
Assessed Land Value$57,860
Assessed Improvement Value$319,830
Assessment Year2025

About this property

This home is absolutely stunning and offers all things unique and charming; now available and centrally located in the premier neighborhood of Kingswood, in Cedar Hill, Texas. This 3-bedroom, 2 bath home sits on an oversized corner lot that measures almost half an acre and is surrounded by beautiful shade trees, Crepe Myrtles and just a short walk to Kingswood Park! This charming, well taken care of residence invites you with tons of natural lighting and a spacious floorplan, perfect for creating lasting memories. The open kitchen boasts plenty of cabinets for storage and solid surface countertops. The large backyard provides all the shade needed to host gatherings with family, friends or just a quiet place to escape. Roof replaced 2022, HVAC replaced in Oct. 2019 and windows replaced in 2017.

Investor Tools

Property Icon
$377,690
Estimated Property Value
$0Estimated Mortgage Balance
$172,457Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,266 /month
Positive
Cash Flow Estimate:
$755 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,416
$377,690
2025
$57,860
$319,830
$377,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,416
$377,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$225,600
No
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,233
$172,457
45%
54%
$1,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,353/mo
+$1,007/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1037 Cedar Trail Drive | Property Details | No Agent List