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$268,690

NAL Estimated Property Value

16301 Ledgemont Ln Apt 213, Addison, TX, 75001

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.76 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size7.53 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN10005790000A00213
SubdivisionValley Of Bent Tree Condominiums
Land UseResidential
Legal DescriptionVALLEY OF BENT TREE CONDOMINIUMS BLDG A UNIT 213 CE 1.2522% 7.529 ACS BENT TREE VALLEY INT202100177920 DD06142021 CO-DC
Census Tract013627
Assessment Year2025

About this property

Sanctuary in the Heart of Addison! 2 bed, 2 bath second floor condo located in quiet community w tennis court & pool views right outside the large private patio. Spacious living room opens to breakfast nook and kitchen, laminate wood floors throughout (2019). Primary bedroom feat ample space, beautiful natural light, gorgeous en suite bathroom (2020) - dual sinks, granite counters, tub & shower combo, large walk in closet. Secondary bedroom is steps away from the secondary bath (2020) featuring expanded shower enclosure with modern tiles and glass enclosure. Two cvd parking spots included. AC Unit (2019). Close to restaurants, retail, & access to highway! 3.5 M to Addison Athletic Club - Free with $10 one time

Investor Tools

Property Icon
$268,690
Estimated Property Value
$158,636Estimated Mortgage Balance
$110,054Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,612 /month
Positive
Cash Flow Estimate:
$537 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$378/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,836
$268,690
2025
N/A
N/A
$268,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,836
$268,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red Diamond Home Loans Llc
Conventional
$175,050
No
First
Jun 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,636
$110,054
40%
59%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,428/mo
+$732/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: Addison

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16301 Ledgemont Ln Apt 213 | Property Details | No Agent List