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$457,910

NAL Estimated Property Value

1115 Cheddar Ridge Dr, Spring, TX, 77379

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,853 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dryer, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,475 sqft

Building Information

Year Built1999
Garage Spaces1

Land Information

APN1193530020003
Lot Number3
SubdivisionGleannloch Farms
Land UseResidential
Legal DescriptionLT 3 BLK 2 GLEANNLOCH FARMS SEC 1 RIDGE
Census Tract554809
Assessed Land Value$60,878
Assessed Improvement Value$397,032
Assessment Year2025

About this property

Completely remodeled and AMAZING!! Energy efficient, solar screens, new roof w tech shield barrier & Keyless electronic locks, new fence, garage door openers. Immaculate well maintained place to call home! Awesome one story located on the last quiet street of The Ridge. Gorgeous wood, glass & iron custom double front doors. Open flowing floor plan, high ceilings w column accent architecture throughout. Beautiful updated Sherwin Williams paint. French doors to study w custom built ins. Luxurious 8' X 7" wide natural hardwood plank flooring throughout, over sized title in wet areas, gas fireplace. Kitchen w extra storage cabinets & island. Kitchen/dining combo. Bright breakfast area. Sunroom off den with wall to wall windows. Oversized master features a huge closet. Cozy flex room or game room for kids/TV/reading. Camera security system, soft water system throughout home, front load washer & dryer included. Paver brick patio and sprinkler system. Jenn Air appliances Stainless. Must see!

Investor Tools

Property Icon
$457,910
Estimated Property Value
$128,794Estimated Mortgage Balance
$329,116Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,747 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,082
$457,910
2025
$60,878
$397,032
$457,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,082
$457,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$137,000
No
First
Feb 3, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,794
$329,116
71%
28%
$822/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$822/mo
+$1,178/mo
5.2%

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: Spring

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1115 Cheddar Ridge Dr | Property Details | No Agent List