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$224,990

$235,000

163 Hood St, Cedar Hill, TX, 75104

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.64 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size9,192 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN16030500000100000
SubdivisionMary H Lovern
Land UseResidential
Legal DescriptionMARY H LOVERN LOT 10 INT201600084488 DD03242016 CO-DC 0305000001000 4CH03050000
Census Tract016522
Assessment Year2025

About this property

HUGE price reduction! Investor-friendly rental opportunity in Cedar Hill with stable income already in place. This 3-bedroom, 1-bath single-family rental is currently leased at $1,650 monthly through December 31st, 2026, offering immediate cash flow and lease stability for the next owner. The property features a functional single-story layout, a detached garage or workshop structure, and a manageable lot in an established neighborhood near local shopping, dining, schools, parks, and major commuter routes. HVAC upgraded in 2022. New roof installed in 2020. This is a solid buy-and-hold opportunity with an in-place tenant and clear rental history. Great option for investors looking to expand their portfolio in the Cedar Hill market. Lease documents, seller disclosures, and supporting property information available in MLS supplements. Tenant occupied — do not disturb tenant. Showings by approved appointment only. P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer’s agent to verify all details. Being sold individually or as a package alongside #21262206 and #21262178

Investor Tools

$143,905Estimated Mortgage Balance
$99,331Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

Interested in this property?

Calvin Lyman

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,482
$212,420
2025
N/A
N/A
$212,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,482
$212,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Granbury
Conventional
$150,000
No
First
Mar 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,905
$101,095
41%
59%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$900/mo
+$1,460/mo
11.7%

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: Cedar Hill

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