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$1,170,000

$1,190,000

244 Lantern Ridge Dr, Aledo, TX, 76008

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths4,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.57 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesRefrigerator, Water Purifier, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Double Oven, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size26,136 sqft

Building Information

Garage Spaces3

Land Information

APNR000124095
Lot Number71
Land UseVacant Land
Legal DescriptionACRES: 0.600 LOT: 71 BLK: B SUBD: RIO VISTA ADDITION F-383
Census Tract140710
Assessed Land Value$52,500
Assessed Improvement Value$533,920
Assessment Year2025

About this property

Discover contemporary luxury in Rio Vista at Kelly Ranch, one of Aledo’s newest lifestyle communities. Built by M The Builders and set on a premier .6-acre homesite, this nearly new 4,185-square-foot Aledo luxury home backs to greenspace and scenic trails with views toward the future Bluejack Ranch golf course. Thoughtful architecture, elevated finishes and a beautifully designed floor plan set this home apart. White oak floors, soaring 22-foot ceilings, custom built-ins and abundant natural light create interiors that feel sophisticated yet inviting. Designed for gathering and entertaining, the kitchen features Bosch double ovens, Sub-Zero refrigeration, an oversized island and exceptional butler’s pantry with prep space, appliances, cabinetry and walk-in storage. Four bedrooms each offer a private en suite bath. The first-floor primary suite features a spa-inspired bath, while a second downstairs suite provides flexibility for guests or multigenerational living. A private office and den or media room complete the main level. Upstairs are two additional bedroom suites, one with a Murphy bed adding versatility for the room, and a spacious upstairs living space perfect for a play room or flex room. Outdoor living includes a covered patio with gas fireplace overlooking greenspace, wildlife and beautiful Texas skies. An integrated speaker system extends through the downstairs living areas and patio. Premium features include a Kohler whole-home generator, water filtration and reverse osmosis, spray foam insulation, Class 4 impact-resistant roof and three-car garage with 240V EV charging. Located in Aledo ISD just west of Fort Worth, Kelly Ranch offers The Meadow trails and park, with the anticipated Lookout amenity center planned to bring resort-style pools, fitness, spa, tennis, pickleball, café and more. Enjoy a move-in-ready luxury home while becoming part of one of Aledo’s most exciting growing communities

Investor Tools

$1,718,398Estimated Mortgage Balance
$166,850Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,020 /month
Positive
Cash Flow Estimate:
$2,340 /month

Interested in this property?

Susan Thornton

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,672/month
$2,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$586,420
2025
$52,500
$533,920
$586,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$586,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premia Mortgage Llc
Conventional
$880,000
No
First
Mar 20, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,718,398
N/A
0%
168%
$10,554/mo

City: Aledo

244 Lantern Ridge Dr | Property Details | No Agent List