B+

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Owner Contacts

$390,000

1118 Douglas Dr, Cedar Hill, TX, 75104

Off Market

5 Beds

3 Bath

2,263 Sq Ft

Single Family Residence

$172.34 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage

Lot Size11,593 sqft

Building Information

Year Built1993

Stories2

Roof Type105

Garage Spaces2

Land Information

APN16027610510410000

Lot Number41

SubdivisionKingswood 2nd Sec Rev

Land UseResidential

Legal DescriptionKINGSWOOD 6 2ND SEC REV BLK B LOT 41 INT202400228859 DD11082024 CO-DC 0276105104100 4CH02761051

Census Tract016524

Assessed Land Value$68,750

Assessed Improvement Value$272,330

Assessment Year2025

About this property

Updated & well-maintained in the well-established Kingswood neighborhood situated on a LARGE 0.27-acre lot with GREAT OUTDOOR SPACE! Mature shade trees, landscaping, covered porch & landscape lighting. Interior renovations (2018) to bathrooms & kitchen featuring granite counters, backsplash, gas range, island, breakfast bar & pantry. Main floor consists of formal dining room, office or 5th bed (2 bedrooms on 1st floor), powder room & large laundry room with sink & garage entry. Primary suite on main floor boasts dual vanities, soaking tub & separate glass shower + large walk-in closet. Incredibly high ceilings leading to upstairs catwalk & remaining 3 bedrooms with window seats + full bath. Premium paint & window shades throughout. Covered patio & insulated shed with AC unit in backyard enclosed with wooden privacy fence. BRAND NEW ROOF! All in a convenient location minutes to schools, Cedar Hill State Park, Joe Pool Lake & Downtown Dallas. Act FAST!

Investor Tools

$387,000

Estimated Property Value

$204,419Estimated Mortgage Balance

$188,035Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,340 /month

Positive

Cash Flow Estimate:

$780 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$588/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,125

$341,080

2025

$68,750

$272,330

$341,080

Tax History

Year

Tax Paid

Assessed Value

2024

$5,125

$341,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mega Capital Funding Inc

Conventional

$204,419

First

Nov 8, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$198,965

$188,035

48%

51%

$1,226/mo

Learn About the Market: Opportunity in Texas

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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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