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$157,360

NAL Estimated Property Value

16301 Ledgemont Lane 179B, Addison, TX, 75001

$183,023 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths978 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$255.52 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Ice Maker, Microwave, Convection Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Tennis Court(s)
Lot Size7.53 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN10005790000B00172
SubdivisionValley Of Bent Tree Condominiums
Land UseResidential
Legal DescriptionVALLEY OF BENT TREE CONDOMINIUMS BLDG B UNIT 172 .8100% CE LEDGEMONT LN INT202100290407 DD09232021 CO-DC 005790000B001
Census Tract013627
Assessment Year2025

About this property

Updated First floor condo unit for lease or sale. Quiet & mature community walkable to Addison Circle & Airport. Beautiful complex with manicured grounds, a clubhouse with unique lap pool and tennis courts. Private fenced yard directly accesses the greenbelt just a skip away from the pool. Two outdoor storage closets - one large enough for your bikes! Comes with one covered space visible from the primary bedroom. Secure community mailboxes in the back near extra guest parking in the shade. Updated kitchen with SS dishwasher and wi-fi enabled convection oven installed this year. Matching Thomasville cabinetry and linen closets throughout with quiet-close doors and modular storage options. Primary bath with powerful jetted tub and XL shower ledge. Two walk in closets in master. Fireplace and wet bar in living area. DART Silver Line is incoming - bringing the ease of citywide light rail transit nearby. Great opportunity to own where others rent & play! Listing Agent is Property Owner.

Investor Tools

Property Icon
$157,360
Estimated Property Value
$0Estimated Mortgage Balance
$157,360Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$183,023
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,368
$157,360
2025
N/A
N/A
$157,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,368
$157,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$157,360
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$345/mo
+$1,485/mo
14.0%

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: Addison

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16301 Ledgemont Lane 179B | Property Details | No Agent List