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$382,000

NAL Estimated Property Value

2318 Trace Ridge Dr, Weatherford, TX, 76087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,278 Sq Ft
price_per_sqft$164.62 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Concrete, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size10,977 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN18462-004-022-00
Lot Number22R
SubdivisionTrace Ridge
Land UseResidential
Legal DescriptionACRES: 0.252 LOT: 22R BLK: 4 SUBD: TRACE RIDGE PH I
Census Tract140708
Assessed Land Value$50,000
Assessed Improvement Value$310,000
Assessment Year2025

About this property

This lovely home offers an open concept with a split floorplan. It has 4 bedrooms, 2 baths, an office and a formal dining area. The kitchen has granite counters, an island, stainless steel appliances and lots of storage. The laundry room is off the garage and kitchen. The 3 secondary bedrooms are spacious. The primary bedroom is nicely sized and the primary bath has double vanities, separate shower, garden tub and a large walk in closet. The backyard has a nice deck perfect for evening dinners with family and friends. The subdivision location is ideal, conveniently located right off I-20 close to everything in Weatherford and great for commuters. This home checks a lot of boxes, schedule your showing today!

Investor Tools

Property Icon
$382,000
Estimated Property Value
$175,198Estimated Mortgage Balance
$206,802Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$360,000
2025
$50,000
$310,000
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Building Or Construction Loan
$180,000
No
First
Nov 1, 2024
Nov 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,198
$206,802
54%
46%
$1,080/mo

City: Weatherford

2318 Trace Ridge Dr | Property Details | No Agent List