$629,000
NAL Estimated Property Value1642 Oak Ridge Dr, Corinth, TX, 76210
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Hardwood
Exterior
Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size13,055 sqft
Building Information
Year Built1998
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR180461
Lot Number22
SubdivisionFairway Estates
Land UseResidential
Legal DescriptionFAIRWAY ESTATES BLK A LOT 22
Census Tract021417
Assessed Land Value$176,270
Assessed Improvement Value$436,036
Assessment Year2025
About this property
On the 9th Hole Fairway, of Oakmont CC; 4 bedrooms, 3 full bathrooms, Office, Gameroom up, 3 car garage. HOA includes Social Membership to Club Facilities.
Investor Tools
$629,000
Estimated Property Value
$577,021Estimated Mortgage Balance
$51,979Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,049 /month
Positive
Cash Flow Estimate:
$1,350 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,042/month
$297/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,362
$612,306
2025
$176,270
$436,036
$612,306
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,362
$612,306
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$607,500
No
First
Aug 11, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$577,021
$51,979
8%
92%
$3,643/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$3,940/mo
$-820/mo
6.0%
