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$298,000

NAL Estimated Property Value

2316 Southway, Denton, TX, 76207

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,477 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.11 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size4,500 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR216145
Lot Number6
SubdivisionWindsor Ridge Estates Ph 1
Land UseResidential
Legal DescriptionWINDSOR RIDGE ESTATES PH 1 BLK D LOT 6
Census Tract020402
Assessed Land Value$54,000
Assessed Improvement Value$213,888
Assessment Year2025

About this property

It's hard to find a home in such great condition at this price point just 3.5 miles from both UNT and TWU. Super convenient to DFW Airport only 31 miles away! Three bedrooms, 2 bathrooms AND an extra living area at the front of home that is currently being used as an office. Newer wood-look tile flooring and fresh interior paint add to the comfortable and inviting look of this home. Enjoy quick and easy trips to local restaurants, services and stores from this home's highly desired location! End the day with a soak in the garden tub located in the ensuite primary bathroom.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$271,650Estimated Mortgage Balance
$26,350Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,042
$267,888
2025
$54,000
$213,888
$267,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,042
$267,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Venture Lending Group Llc
Conventional
$291,000
No
First
Oct 19, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,650
$26,350
8%
91%
$1,745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,795/mo
+$225/mo
8.1%

City: Denton

2316 Southway | Property Details | No Agent List