$600,000
NAL Estimated Property Value1600 Ravenwood Court, Aledo, TX, 76008
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesLighting
Lot Size1.18 acres
Building Information
Year Built1998
Stories1
Garage Spaces2
Land Information
APN14978-006-001-00
Lot Number1
SubdivisionMcdavid Estates
Land UseResidential
Legal DescriptionACRES: 1.175 LOT: 1 BLK: 6 SUBD: MCDAVID ESTATES PH IV
Census Tract140707
Assessed Land Value$100,000
Assessed Improvement Value$500,000
Assessment Year2025
About this property
Beautiful McDavid Estates Single Story Home in Aledo ISD!! Oversized corner lot with huge oak trees. This home has brand new wood floors, new granite countertops (2017), swimming pool, solar system and well. Large Master has double vanities, separate shower, corner tub and walk in closet. Park like yard, iron fence around smaller area in back for pets. Great for entertaining!! Separate One car garage or shop.
Investor Tools
$600,000
Estimated Property Value
$216,308Estimated Mortgage Balance
$383,692Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$600,000
2025
$100,000
$500,000
$600,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$600,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$242,000
No
First
Nov 30, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,308
$383,692
63%
36%
$1,451/mo
