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$212,000

NAL Estimated Property Value

2540 Shady Ridge Drive, Bedford, TX, 76021

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,041 Sq Ft
price_per_sqft$144 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built1983
Stories2

Land Information

APN38084C-G-4
Lot Number4
SubdivisionShady Ridge Homes Condominiums
Land UseResidential
Legal DescriptionSHADY RIDGE HOMES CONDOMINIUMS BLOCK G LOT 4 .0196298% CE
Census Tract113630
Assessed Land Value$30,000
Assessed Improvement Value$155,000
Assessment Year2025

About this property

Cozy 2 bedroom 2 bath condo in the heart of Bedford. Location is fantastic as it provides easy access to freeways, shopping and local parks that are walking distance away. From this location DFW Airport is only 11 miles. Bedford Boys Ranch offers water park, Recreation center, picnic areas and many outdoor activities. Condo has custom built-ins and kitchen that over looks living room. Enjoy barbecuing on the patio with partial views of the community pool. Must see it and you will love it!

Investor Tools

Property Icon
$212,000
Estimated Property Value
$98,483Estimated Mortgage Balance
$113,517Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$245/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,577
$185,000
2025
$30,000
$155,000
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,577
$185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$112,000
No
First
Mar 31, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,483
$113,517
53%
46%
$672/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$917/mo
+$683/mo
9.1%

City: Bedford

2540 Shady Ridge Drive | Property Details | No Agent List