Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Views1view

$540,000

2460 Waterstone Dr, Cedar Hill, TX, 75104

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.75 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size1.17 acres

Building Information

Year Built2004
Roof Type105
Garage Spaces2

Land Information

APN1602790001245R000
Lot Number1245R
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 16 LT 1245R ACS 1.17 INT201700356334 DD12152017 CO-DC 02790001245R0 4CH02790001
Census Tract016525
Assessed Land Value$94,770
Assessed Improvement Value$316,610
Assessment Year2025

About this property

Nestled in the sought-after Lake Ridge neighborhood of Cedar Hill, Texas. This residence offers 4 bedrooms and 3.5 bathrooms within approximately 3,183 square feet of living space. Situated on a generous 1.17-acre lot, the property provides ample outdoor space for various activities. There are 3 levels, the first floor has a living area and 2 bedrooms. One of the bedrooms can be converted into a media room, but it is currently being used a bedroom. The laundry room is on the 1st floor. The 2nd floor is where you walk in the main door to the house and is where the kitchen and primary room are located. On the upper floor is a loft area with a room and a full bath. Great area for a guest or kids room. Enjoy a peaceful, scenic environment while being just minutes from local amenities and outdoor recreation. Don’t miss the opportunity to make this stunning property your own! This home is a true gem in Cedar Hill

Investor Tools

Property Icon
$540,000
Estimated Property Value
$260,000Estimated Mortgage Balance
$287,734Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,342
$411,380
2025
$94,770
$316,610
$411,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,342
$411,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$260,000
No
First
Sep 10, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,266
$233,734
48%
47%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$1,934/mo
+$1,136/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Cedar Hill

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2460 Waterstone Dr | Property Details | No Agent List