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$298,000

NAL Estimated Property Value

2241 Northway, Denton, TX, 76207

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.58 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh 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
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size4,500 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR216171
Lot Number32
SubdivisionWindsor Ridge Estates Ph 1
Land UseResidential
Legal DescriptionWINDSOR RIDGE ESTATES PH 1 BLK D LOT 32
Census Tract020402
Assessed Land Value$54,000
Assessed Improvement Value$221,000
Assessment Year2025

About this property

Ready for new tenants! This 3 bedroom, 2 bath home is light and bright with all new paint throughout! New luxury vinyl plank in most of the rooms. Formal dining off entry with walk through to the kitchen. Kitchen is open to the family room and has an electric cooktop, built in microwave, & new dishwasher. Branch new Quartz countertops in both the kitchen and bathroom! Good size family room overlooking the backyard. Primary bedroom is split from secondary rooms. Primary bath has 1 sink and shower tub combo. Fenced backyard! Washer and dryer included. New ceiling fans and light fixtures! New faucets in the bathrooms and kitchen. Updated black hardware for doors and cabinets! Great location close to schools, shopping, dining, and North Lakes Park. Approx. 10 minute drive to UNT and TWU!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$125,824Estimated Mortgage Balance
$172,176Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,231
$275,000
2025
$54,000
$221,000
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,231
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$142,500
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,824
$172,176
57%
42%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$855/mo
+$1,165/mo
8.1%

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: Denton

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2241 Northway | Property Details | No Agent List