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$315,000

221 Layman Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,903 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.53 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Wood

Exterior

Lot Size6,849 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces1

Land Information

APN161100200311R0000
Lot Number11R
SubdivisionWaterford Oaks
Land UseResidential
Legal DescriptionWATERFORD OAKS PH 3 BLK 3 LOT 11R INT202400137513 DOD05172024 CO-DC 1100200311R00 4CH11002003
Census Tract016630
Assessed Land Value$65,000
Assessed Improvement Value$235,490
Assessment Year2025

About this property

Welcome to 221 Layman a charming 3-bedroom, 2-bath single-story home in an established Cedar Hill neighborhood. This nice well-kept home that features include two living areas, a cozy fireplace, and an eat-in kitchen. The primary suite offers a private bath, while secondary bedrooms provide flexibility for family, guests or a home office. Enjoy a fully fenced backyard with room to relax or entertain. Conveniently located near Cedar Hill State Park, Joe Pool Lake, shopping, dining, and Hwy 67 for easy commuting. Schedule your showing today!

Investor Tools

Property Icon
$300,490
Estimated Property Value
$0Estimated Mortgage Balance
$300,490Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,236
$300,490
2025
$65,000
$235,490
$300,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,236
$300,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$300,490
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
N/A
+$3,070/mo
12.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Cedar Hill

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221 Layman Drive | Property Details | No Agent List