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B+
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$225,000

2501 Shady Ridge Dr, Bedford, TX, 76021

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,021 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$220.37 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringLaminate, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1981
Stories2

Land Information

APN38084C-B-4
Lot Number4
SubdivisionShady Ridge Homes Condominiums
Land UseResidential
Legal DescriptionSHADY RIDGE HOMES CONDOMINIUMS BLOCK B LOT 4 .0175585% CE
Census Tract113630
Assessed Land Value$30,000
Assessed Improvement Value$182,951
Assessment Year2025

About this property

*CHARMING BEDFORD CONDO!!*UPDATED KITCHEN & BATHS!!*PRIVATE COURTYARD PATIO!!* Welcome to one of the cutest condos in Bedford! Nestled behind a private fenced courtyard, this charming home welcomes you with an inviting outdoor patio space, perfect for relaxing with your morning coffee, unwinding after a long day, or entertaining guests. Designed for easy, low-maintenance living, this lock-and-leave condo offers 2 bedrooms and 2 full bathrooms with a functional and versatile layout. The secondary bedroom and full bath are conveniently located on the main level, while the private upstairs primary retreat features an updated ensuite bath and walk-in closet. At the heart of the home, the spacious living room is anchored by a stunning floor-to-ceiling wood-burning fireplace, creating a warm and cozy focal point that adds both character and charm. Abundant natural light and open-concept living spaces make everyday living comfortable and inviting. Thoughtfully updated throughout, the home showcases Luxury Vinyl Plank flooring, quartz countertops, an updated kitchen with breakfast bar seating, and refreshed bathrooms, offering a modern yet welcoming feel. Conveniently located in the heart of Bedford, you'll enjoy easy access to major highways, shopping, dining, and DFW Airport, making commuting and travel a breeze. Whether you're a first-time homebuyer, downsizing, or seeking a low-maintenance lifestyle, this adorable condo offers the perfect blend of comfort, convenience, and charm.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$161,500Estimated Mortgage Balance
$78,080Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,515
$212,951
2025
$30,000
$182,951
$212,951
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,515
$212,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$161,500
No
First
Oct 4, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,200
$65,751
30%
65%
$969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,364/mo
+$236/mo
8.5%

Learn About the Market: Opportunity in Texas

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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.

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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: Bedford

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2501 Shady Ridge Dr | Property Details | No Agent List