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$365,000

NAL Estimated Property Value

202 Southpeak Lane, Ponder, TX, 76259

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.89 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size11,151 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR265898
Lot Number4
SubdivisionSteamboat Estates Ph 1
Land UseResidential
Legal DescriptionSTEAMBOAT ESTATES PH 1 BLK C LOT 4
Census Tract020313
Assessed Land Value$77,106
Assessed Improvement Value$243,470
Assessment Year2025

About this property

PONDER ISD! SPACIOUS 3 BEDROOM 2 BATH HOME ON A LARGE LOT! OPEN PLAN WITH A GORGEOUS STONE FIREPLACE WITH CUSTOM CEDAR MANTLE AND SHELF. MASTER BEDROOM IS SPLIT WITH A LARGE WALK IN CLOSET, SEPARATE VANITIES, SHOWER AND JETTED TUB. THE KITCHEN IS OPEN TO THE FAMILY ROOM WITH A WORK ZONE, WALK IN PANTRY AND LOTS OF SPACE FOR ENTERTAINING! THE 3RD BEDROOM IS LARGE AND HAS ENOUGH ROOM FOR A SITTING AREA! HUGE BACKYARD WITH PLENTY OF ROOM FOR SUMMER FUN! GARAGE HAS BUILT IN SHELVING! CLOSE TO SCHOOL! EASY COMMUTE TO THE METROPLEX! CONVENIENT TO SHOPPING, SPEEDWAY, NTSU AND MAJOR EMPLOYERS! IDEAL FOR A STARTER OR EMPTY NESTER!

Investor Tools

Property Icon
$365,000
Estimated Property Value
$165,963Estimated Mortgage Balance
$199,037Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,742
$320,576
2025
$77,106
$243,470
$320,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,742
$320,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial National Bank
Conventional
$192,000
No
First
Jul 3, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,963
$199,037
54%
45%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,152/mo
+$1,578/mo
9.0%

City: Ponder

202 Southpeak Lane | Property Details | No Agent List