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$268,000

NAL Estimated Property Value

1109 Neptune Dr, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,156 Sq Ft
price_per_sqft$199.39 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size7,412 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APN16041500010050000
SubdivisionSouth Hills Park 1st
Land UseResidential
Legal DescriptionSOUTH HILLS PARK 1ST INST BLK A LT 5 VOL86068 PG2423 CO-DALLAS 0415000100500 21604150001
Census Tract016616
Assessment Year2025

About this property

Welcome to a rare opportunity in Cedar Hill! This 3-bed, 1.5-bath single-story home on a generous 7,400+ sq. ft. lot offers incredible upside and value in a well-established neighborhood. Built in 1976, the property features approximately 1,156 sq. ft. of living space with a functional layout and classic bones ready for your vision. Sellers have invested in thoughtful renovations and are offering the home AS-IS with the option to complete improvements for a qualified buyer, making this an exceptional opportunity for investors, first-time homebuyers, or buyers looking to customize their home to taste. Enjoy the convenience of an attached garage, a spacious yard with room for outdoor living, and proximity to local amenities, schools, parks, and easy access throughout the Dallas–Fort Worth area. Whether you’re looking to add sweat equity, build long-term value, or create a custom living space from the foundation up, this property delivers tremendous potential. Don’t miss your chance — bring your ideas and make this home your own!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$230,970
2025
N/A
N/A
$230,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,377
$230,970

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$268,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
N/A
+$2,360/mo
10.6%

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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1109 Neptune Dr | Property Details | No Agent List