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$574,000

NAL Estimated Property Value

137 Prairie Ridge Dr, Aledo, TX, 76008

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.29 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size1 acre

Building Information

Year Built2005
Garage Spaces2

Land Information

APN16340-001-006-00
Lot Number6
SubdivisionPrairie Ridge
Land UseResidential
Legal DescriptionACRES: 1.000 LOT: 6 BLK: 1 SUBD: PRAIRIE RIDGE ADDITION
Census Tract140714
Assessed Land Value$100,000
Assessed Improvement Value$468,770
Assessment Year2025

About this property

The ideal location for quick access to amenities with acreage! Located in a quiet, gated community in the heart of Aledo, this beautifully updated one-story home is a rare find. With long-term residents and limited opportunities for updated homes in the neighborhood, this property is truly special. Sitting on a full acre, this four-bedroom, three-bathroom home offers a perfect blend of comfort, style, and functionality. Inside, the inviting living room features a stunning stone fireplace, creating a warm and welcoming atmosphere. The recently updated kitchen is equipped with stainless steel appliances, a large pantry, and ample space for cooking and gathering. Multiple dining areas, including a formal dining room and a spacious breakfast room, provide plenty of options for entertaining. Designed with a thoughtful split floor plan, all bedrooms feature walk-in closets, and each of the three full bathrooms has been completely remodeled. A separate laundry room adds convenience to daily living. Step outside to enjoy the expansive backyard, where a large pool and spa offer the perfect place to relax. The spacious patio is ideal for entertaining, and with a full acre of land, there’s even room to add a shop! Opportunities like this don’t come around often—don’t miss your chance to own this beautifully updated home in a sought-after Aledo location!

Investor Tools

Property Icon
$574,000
Estimated Property Value
$558,096Estimated Mortgage Balance
$15,904Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$568,770
2025
$100,000
$468,770
$568,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$568,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$568,100
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$558,096
$15,904
2%
97%
$3,407/mo

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.

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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: Aledo

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137 Prairie Ridge Dr | Property Details | No Agent List