$260,080
NAL Estimated Property Value218 Summit Ridge Court, Springtown, TX, 76082
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Other
Exterior
Lot Size1 acre
Building Information
Year Built1997
Stories1
Land Information
APN15778-001-345-00
Lot Number345
SubdivisionOak Meadows
Land UseResidential
Legal DescriptionACRES: 1.000 LOT: 345 SUBD: OAK MEADOWS III
Census Tract140409
Assessed Land Value$85,000
Assessed Improvement Value$175,080
Assessment Year2025
About this property
Very spacious home on one acre. Three bedrooms, two baths, two living areas, large backyard, front porch deck, storage building.
Investor Tools
$260,080
Estimated Property Value
$181,857Estimated Mortgage Balance
$78,223Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$260,080
2025
$85,000
$175,080
$260,080
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$260,080
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Purchase Money Mortgage
$150,000
No
First
Mar 15, 2022
Mar 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,857
$78,223
30%
70%
$1,170/mo
