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$699,000

1401 Redbud Lane, Aledo, TX, 76008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.08 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size2.01 acres

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN13936-001-001-00
Lot Number1
Land UseFarm & Ranch Improved
Legal DescriptionACRES: 2.015 LOT: 1 BLK: 1 SUBD: J H NEWBY CANTRELL ADDITION F-352
Census Tract140709
Assessed Land Value$80,600
Assessed Improvement Value$213,950
Assessment Year2025

About this property

Possibilities galore with this rock solid home on 5.933 acres in Aledo ISD. Bring your 21st century ideas to this secluded, one owner home on acreage. Beautiful vaulted ceiling with large fireplace in living room. 2 stoves and 2 ovens in kitchen. Platted in 2 lots that can be sold or build yourself a new home while living in this one. Enjoy the oversized garage. A 41x30 workshop with its own entrance has been plumbed for water and has electricity. Inside has been taped and bedded for easy finish out for a guest or mother-in-law suite which includes a one car garage. It could also be used for a workshop or craft barn. A 10 x 13 shed is available for your lawn equipment of extra storage.

Investor Tools

Property Icon
$294,550
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$294,550
2025
$80,600
$213,950
$294,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$294,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$504,000
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,373
N/A
0%
156%
$3,022/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.

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: Aledo

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1401 Redbud Lane | Property Details | No Agent List