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$284,240

NAL Estimated Property Value

16301 Ledgemont Lane 201, Addison, TX, 75001

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
price_per_sqft$156.6 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size7.53 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN10005790000A00201
SubdivisionValley Of Bent Tree Condominiums
Land UseResidential
Legal DescriptionVALLEY OF BENT TREE CONDOMINIUMS 7.529 ACS BENT TREE VALLEY UNIT 201 BLDG A & 1.2522% CE INT201900159902 DD06202019 CO-DC
Census Tract013627
Assessed Land Value$82,120
Assessed Improvement Value$202,120
Assessment Year2025

About this property

Adorable updated Addison condo in a great location w-pool & tennis court views featuring laminate wood look flooring in FR w-wood burning fireplace for cozy evenings, a balcony overlooking the pool & tennis courts, updated Kitchen w-granite c-tops, SS appliances. Two bedroom, two bath floor plan. Master Bath updated. Best of all the refrigerator, washer & dryer come w-the property! Updated breaker box, replaced HVAC inside unit recently + HOA replaced roof. Balcony w-patio includes a storage closet. Guest Bedroom & Master carpeted, hallways & kitchen are tile. Nice floorplan w-abundant natural light throughout. Located close to everything & join Addison Athletic club for only $10 when you live in Addison.

Investor Tools

Property Icon
$284,240
Estimated Property Value
$133,515Estimated Mortgage Balance
$150,725Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,705 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
$379/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,527
$284,240
2025
$82,120
$202,120
$284,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,527
$284,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$154,800
No
First
Jun 20, 2019
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,515
$150,725
53%
47%
$929/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,308/mo
+$852/mo
9.1%

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 201 | Property Details | No Agent List