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$463,000

NAL Estimated Property Value

1216 Pine Ridge Rd, Roanoke, TX, 76262

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.79 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,501 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR200632
Lot Number24
SubdivisionMeadows Of Roanoke Ph I
Land UseResidential
Legal DescriptionMEADOWS OF ROANOKE PH I BLK E LOT 24
Census Tract020311
Assessed Land Value$94,575
Assessed Improvement Value$357,081
Assessment Year2025

About this property

Spacious 5 bedroom rental with a sparkling pool & spa! Pool service included in rent. Amenities include fresh interior paint, laminate wood floors, tiled showers, gas fireplace & more! The kitchen features granite counters, a farmhouse sink & lots of cabinetry. Great floorplan: master down, 4 large BRs & a huge gameroom up! Huge lot with plenty of yard space behind the pool. Great schools - attends Roanoke Elementary, Medlin MS & Byron Nelson HS. Fantastic location next to Cannon Park: jogging path, splash pad, tennis courts, sand volleyball courts, pavilion & skate park. Walk to Hawaiian Falls Water Park! Minutes from Old Town Roanoke Dining & Entertainment. Convenient to DFW Airport. 1 small dog ok - no cats.

Investor Tools

Property Icon
$463,000
Estimated Property Value
$197,118Estimated Mortgage Balance
$265,882Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,434
$451,656
2025
$94,575
$357,081
$451,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,434
$451,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$250,200
No
First
May 15, 2016
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,118
$265,882
57%
43%
$1,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,501/mo
+$659/mo
5.6%

City: Roanoke

1216 Pine Ridge Rd | Property Details | No Agent List