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$324,000

NAL Estimated Property Value

1509 Lexington Place, Bedford, TX, 76022

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
price_per_sqft$162.65 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,259 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN14370-D-20
Lot Number20
SubdivisionForest Ridge Addition
Land UseResidential
Legal DescriptionFOREST RIDGE ADDITION BLOCK D LOT 20
Census Tract113618
Assessed Land Value$65,000
Assessed Improvement Value$232,000
Assessment Year2025

About this property

SUPER CUTE updated property in the middle of the Metroplex. Minutes from DFW airport. Granite countertops,subway tile backsplash and new stainless steel appliances, including gas stove and side by side refrigerator, in the light and bright kitchen. Real Hardwood Floors,Vaulted Ceiling and painted brick fireplace in the living room, Plantation Shutters in the bedrooms, charcoal quartz countertops in the bathrooms, Brushed nickel fixtures,faucets and hardware throughout. Extra driveway for trailers, boats, or RVs. Luscious backyard with covered patio for shade and open patio for gathering around the fire pit. Roomy workshop rounds out this lovely backyard. You will love this property.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$195,465Estimated Mortgage Balance
$128,535Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$541/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,867
$297,000
2025
$65,000
$232,000
$297,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,867
$297,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Conventional
$216,310
No
First
May 15, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,465
$128,535
39%
60%
$1,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,362/mo
+$638/mo
7.4%

City: Bedford

1509 Lexington Place | Property Details | No Agent List