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$175,000

123 Cambridge Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,521 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.06 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size8,040 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN16011500050240000
Lot Number24
SubdivisionCedar Hill East 2nd
Land UseResidential
Legal DescriptionCEDAR HILL EAST 2ND INST LT 0024 INT202000349071 DD11132020 CO-DC 0115000502400 4CH01150005
Census Tract016626
Assessed Land Value$55,000
Assessed Improvement Value$212,800
Assessment Year2025

About this property

Great home for anyone downsizing, first home, or investment home. The home has 3 bedrooms, 2 living areas, and 2 baths. The kitchen is equipped with refrigerator, electric range, dishwasher and washer and dryer. The backyard has a 12X24 Morgan steel workshop. This great home will not last long!

Investor Tools

Property Icon
$267,800
Estimated Property Value
$0Estimated Mortgage Balance
$109,825Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,607 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,769
$267,800
2025
$55,000
$212,800
$267,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,769
$267,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Fha
$176,739
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,975
$109,825
41%
59%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,060/mo
+$1,300/mo
10.6%

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: Cedar Hill

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123 Cambridge Drive | Property Details | No Agent List