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$634,000

NAL Estimated Property Value

2505 Wanakah Ridge Dr, Cedar Park, TX, 78613

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,766 Sq Ft
price_per_sqft$289.19 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Down Draft, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesExterior Steps, Misting System, Rain Gutters
Lot Size10,049 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01763003210000
Lot Number23
SubdivisionAnderson Mill West Sec 19
Land UseResidential
Legal DescriptionLOT 23 BLK H ANDERSON MILL WEST SEC 19
Census Tract035700
Assessed Land Value$100,000
Assessed Improvement Value$456,357
Assessment Year2025

About this property

Deadline for offers, Wednesday April 13th at 6 pm. The owners reserve the right to accept any offer at any time before or after the deadline so please inquire as to availability. The time of the year doesn't show off the back yard due to plants coming back from winter. The lawn is very low maintenance lawn by design. It is a certified wildlife habitat for birds mostly. (Not mandatory) The lawn was designed and drawn by a professional landscape architect and the owner has the plans. The current owners improved upon it taking it much further into being a backyard paradise. The home features a very livable floorplan with generous room sizes, a huge kitchen, 2nd floor game room with its own deck and view, a new Garage door, fresh garage paint and professional epoxy floor coating, new tile downstairs in 2022, lots of recent interior paint. The deck flooring was replaced in 2021. The fence was replaced in 2020 except one side in aprox 2019, The deck was expanded and approved by the HOA in 2015. Original upper and lower decking was replaced in 2021. The master shower was professional built in 2022. There is a lot to love with this property. The views are beautiful. Trim trees for a better view. The lower stone patio features a fire pit and in season you are surrounded by flowering plants. There are water features in the front and back yard for the birds. The garage is a tandem and a photo is provided of a boat parked inside. There is also extra storage in the garage and a door from the garage that opens out to the expanded deck. There are essentially 3 separate outdoor living areas. The High, middle and elementary schools are all within a 3 to 4 minute drive from the home. These are also sought after highly rated schools.

Investor Tools

Property Icon
$634,000
Estimated Property Value
$556,093Estimated Mortgage Balance
$78,918Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,799 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,924
$556,357
2025
$100,000
$456,357
$556,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,924
$556,357

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$600,000
No
First
May 3, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$556,093
$105,907
15%
88%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$3,905/mo
$-1,645/mo
4.3%

City: Cedar Park