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$467,000

NAL Estimated Property Value

2020 Ridgewood, Bedford, TX, 76021

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,133 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Double Oven
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,670 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1985-9-28
Lot Number28
SubdivisionBedford Meadows Addition
Land UseResidential
Legal DescriptionBEDFORD MEADOWS ADDITION BLOCK 9 LOT 28
Census Tract113630
Assessed Land Value$80,000
Assessed Improvement Value$331,695
Assessment Year2025

About this property

FOR LEASE and AVAILABLE FOR IMMEDIATE OCCUPANCY PENDING PROCESSING AND APPROVAL OF LEASE APPLICATION! 3 Bedroom, 2 Bath Home plus 3 Living Areas and Formal Dining. Kitchen Refrigerator furnished, but Tenant to Provide Washer and Dryer. Home is Conveniently Located to Hwy 183, 121 and 360, Close to DFW Airport and Shopping. BONUS- You are just 1.9 Miles from 68-acre City Park , Generation Park at Bedford Boys Ranch. This Park is the Jewel of the Bedford Parks System with an Upcoming Recreational Facility, Outdoor Aquatic Area, Ballfields, Special Events Lawn, Playground, Disc Golf, Walking Trails and Fishing Pond with 2 lighted Fountains. Application Fee $60 non refundable per Adult 18+ occupying home, Pets on a Case to Case Basis with Approval. NO CATS. Owner is a Licensed Realtor in Texas, but Listing Agent is NOT the Owner. Rear Entry Garage, Partially Fenced Backyard. Tenant to verifying room dimensions and schools

Investor Tools

Property Icon
$467,000
Estimated Property Value
$392,784Estimated Mortgage Balance
$74,216Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,802 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$863/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,015
$411,695
2025
$80,000
$331,695
$411,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,015
$411,695

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kingston Mtg Company Ltd
Fha
$152,793
Yes
First
Feb 27, 2001
Mar 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,784
$74,216
15%
84%
$3,052/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$3,052/mo
$-932/mo
5.4%

City: Bedford

2020 Ridgewood | Property Details | No Agent List