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$203,000

NAL Estimated Property Value

245 Ridge Trl, Rhome, TX, 76078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
price_per_sqft$174.43 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size1 acre

Building Information

Year Built1997
Stories1
Roof Type158
Garage Spaces1

Land Information

APNA0633.0002.27
Lot Number55A
SubdivisionA-633 Mep & Prr
Land UseResidential
Legal DescriptionCOYOTE RIDGE UNREC LOT 55A 1.0000 ACRES MANUFACTURER: AMERICAN HOMESTAR OF LANCASTER LP SERIAL NUMBER: AH01975541A SERIAL NUM
Census Tract150607
Assessed Land Value$75,000
Assessed Improvement Value$110,333
Assessment Year2025

About this property

BEAUTIFULLY REMODELED AND FULLY FENCED IN PROPERTY WITH PRIVACY ON AN ACRE! This home has been updated all the way with new wood flooring, fresh paint, stainless steel appliances, granite countertops and MORE! This open floorplan features a large living area, an update kitchen with an island and custom backsplash and plenty of roof for a dining table. The split floorplan features the master suite on one side with a soaking tub, dual vanities and a walk in shower. The large covered patio on the front and the open back patio overlook the land. Bring your animals, projects or whatver you'd like as the full acre is fenced in and there are already stalls, coops and fencing in place. Come live out in the country just a short drive to the growing town of Rhome and easy access to 287. There are endless possibilities with this move-in home on an acre!

Investor Tools

Property Icon
$203,000
Estimated Property Value
$202,527Estimated Mortgage Balance
$473Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,289 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,260
$185,333
2025
$75,000
$110,333
$185,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,260
$185,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$211,105
Yes
First
Feb 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,527
$473
0%
100%
$1,266/mo

City: Rhome

245 Ridge Trl | Property Details | No Agent List