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$382,000

NAL Estimated Property Value

1515 Trail Ridge Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
price_per_sqft$122.18 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,750 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN160045200E0140000
Lot Number14
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 1 BLK E LT 14 INT201900077507 DD03272019 CO-DC 0045200E01400 4CH0045200E
Census Tract016623
Assessed Land Value$85,000
Assessed Improvement Value$260,370
Assessment Year2025

About this property

Beautiful, turn-key home is move-in ready! This very clean and well-maintained home features 3 bedrooms, 2 bathrooms, formal dining room, large living room with open-concept kitchen, eat-in kitchen, good sized laundry room, and 2 car garage. Spacious master includes a garden tub and shower, and a great walk-in closet. The large backyard is perfect for entertaining.as plenty of room along with a good size yard. Location is perfect easy access to Hwy 35 and 67. Buyer and buyers agent verify all measurements on property,

Investor Tools

Property Icon
$382,000
Estimated Property Value
$221,036Estimated Mortgage Balance
$160,964Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,880
$345,370
2025
$85,000
$260,370
$345,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,880
$345,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Conventional
$239,800
No
First
Mar 19, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,036
$160,964
42%
58%
$1,438/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$1,833/mo
+$1,237/mo
9.6%

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.

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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: Cedar Hill

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1515 Trail Ridge Drive | Property Details | No Agent List