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$2,400

12107 Riprap Dr, Manor, TX, 78653

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,795 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size4,896 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02477201040000
Lot Number127
SubdivisionStonewater Phs 8
Land UseResidential
Legal DescriptionLOT 127 BLK Q STONEWATER PHS 8
Census Tract045900
Assessed Land Value$77,245
Assessed Improvement Value$206,480
Assessment Year2025

About this property

BEAUTIFUL MODERN HOME FOR RENT – AVAILABLE JUNE 1ST ?? Don’t miss this spacious, fully updated home in a highly convenient location! ? Highlights: ? Brand new ceramic flooring on entire first floor ? Fully remodeled modern kitchen ? 1st floor: living room + bedroom with full private bath + half guest bath ? 2nd floor: second living area + 2 bedrooms + 1 full bathroom ? Private backyard with artificial grass + cozy patio seating area (No yard work here) ?? Amazing location! Close to schools and just 4 minutes from the new shopping center – everything you need is nearby. This home offers comfort, space, and convenience all in one. Won’t last long!

Investor Tools

$317,626Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,291
$283,725
2025
$77,245
$206,480
$283,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,291
$283,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$337,277
Yes
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,626
N/A
0%
111%
$2,023/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,023/mo
+$297/mo
9.7%

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.

Explore Texas Explore This Area
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: Manor

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