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$240,000

11117 Ridgewood Dr, Salado, TX, 76571

$312,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,232 Sq Ft
price_per_sqft$107.53 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
AppliancesBuilt In Electric Range, Free Standing Refrigerator, Range Hood
FlooringLaminate

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size21,780 sqft

Building Information

Year Built1998
Stories1
Roof Type105

Land Information

APN238553
Lot Number15
SubdivisionRidgewood Of Salado
Land UseResidential
Legal DescriptionRIDGEWOOD OF SALADO, LOT 0015, ACRES 0.5, MH LABEL# TRA0349361 SN1 EHIDOKA694F; TITLE # MH00854844
Census Tract023406
Assessed Land Value$40,000
Assessed Improvement Value$28,478
Assessment Year2025

About this property

Rare opportunity to own 2,232 sf (Bell CAD) 4 Bedrooms 2 and half bath home less than 5 min. from New Salado High School and I.H. 35. Just in time for the new upcoming school year. 2 storage buildings convey 1- 16x16 stg, and 1- 8x12 Stg blogs. with room to spare. Covered front porch and large covered back porch for relaxing and entertaining. Wood burning fireplace in the family room. Large kitchen with lots of cabinets and counter space. Large utility room. Private secluded neighborhood. No traffic one way in and one way out. Covered parking. Solar panels providing excellent savings on your electricity bill. Less than a half mile from the new Salado High School, New Salado football stadium and middle school. Salado school bus picks students up in this private neighborhood. Baylor Scott & White pharmacy is just a few minutes away.

Investor Tools

$148,225Estimated Mortgage Balance
$106,076Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$312,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

Interested in this property?

Jimmy Morales

Ashby Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,128
$68,478
2025
$40,000
$28,478
$68,478
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,128
$68,478

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$166,500
No
First
Nov 3, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,225
$355,775
70%
58%
$999/mo

City: Salado

11117 Ridgewood Dr | Property Details | No Agent List