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$406,000

NAL Estimated Property Value

2224 Ridgewood, Bedford, TX, 76021

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.39 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Laminate, Marble, Simulated Wood

Exterior

Exterior FeaturesCourtyard, Kennel, Private Entrance, Private Yard
Lot Size7,396 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1985-9-14
Lot Number14
SubdivisionBedford Meadows Addition
Land UseResidential
Legal DescriptionBEDFORD MEADOWS ADDITION BLOCK 9 LOT 14
Census Tract113630
Assessed Land Value$80,000
Assessed Improvement Value$308,332
Assessment Year2025

About this property

Welcome to this charming and well-priced 3-bedroom, 2-bath home! With over 1,900 square feet, this home offers ample space, highlighted by newly installed wood-look laminate flooring that brings a fresh, welcoming feel. The master bath features brand-new marble countertops and flooring, complete with a separate shower and a relaxing Hollywood-style tub. The guest bath also shines with new marble finishes. Designed with easy entertaining in mind, this home includes both formal and informal dining spaces, a cozy wood-burning fireplace, and a wet bar in the living room. The kitchen is ready for your culinary adventures, featuring granite tile countertops, while the 6x18 breezeway adds flexible living space. A 2-car garage and a courtyard-style backyard complete the picture. Located for maximum convenience, this home is under two miles from both Hwy 121 and 183 and just five miles from Hwy 360 and 820. Enjoy nearby amenities like the local bark park just half a mile away, and Generations Park, featuring an outdoor waterpark, YMCA, and walking trails, only a mile away. Don’t miss this opportunity to own a solid home in a great location!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$378,438Estimated Mortgage Balance
$27,562Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,175
$388,332
2025
$80,000
$308,332
$388,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,175
$388,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$387,600
No
First
Jan 21, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,438
$27,562
6%
93%
$2,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,324/mo
$-204/mo
6.3%

City: Bedford

2224 Ridgewood | Property Details | No Agent List