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$323,811

NAL Estimated Property Value

12216 Riprap Dr, Manor, TX, 78653

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,212 Sq Ft
price_per_sqft$117.54 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range, Disposal, Microwave, Stainless Steel Appliances
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,224 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02457217010000
Lot Number20
SubdivisionStonewater Phs 8
Land UseResidential
Legal DescriptionLOT 20 BLK W STONEWATER PHS 8
Census Tract045900
Assessed Land Value$87,097
Assessed Improvement Value$236,714
Assessment Year2025

About this property

Check out this premium corner lot in Stonewater without paying the new construction price! This spacious 2-story home gives you the backyard you want with lots of extra trees planted. The family room greets you when you enter with plenty of space for a big sectional and all your entertainment needs. The kitchen and dining area overlook the backyard, which features an extended patio. The kitchen includes granite and stainless steel appliances, fridge does not convey. The spacious master suite is downstairs, while the remaining 3 bedrooms are upstairs, along with a massive game room with added storage. Super functional floorplan! No need to wait for new construction to be built!

Investor Tools

Property Icon
$323,811
Estimated Property Value
$189,408Estimated Mortgage Balance
$134,403Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,943 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
$117/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,369
$323,811
2025
$87,097
$236,714
$323,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,369
$323,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
General Mortgage Capital Corp
Conventional
$206,250
No
First
Jan 24, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,408
$134,403
41%
58%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,354/mo
+$966/mo
8.6%

City: Manor

12216 Riprap Dr | Property Details | No Agent List