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$178,000

NAL Estimated Property Value

2561 Shady Ridge Dr, Bedford, TX, 76021

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths703 Sq Ft
price_per_sqft$213.37 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1983
Stories1

Land Information

APN38084C-N-3
Lot Number3
SubdivisionShady Ridge Homes Condominiums
Land UseResidential
Legal DescriptionSHADY RIDGE HOMES CONDOMINIUMS BLOCK N LOT 3 .0122568% CE
Census Tract113630
Assessed Land Value$30,000
Assessed Improvement Value$143,456
Assessment Year2025

About this property

CUTE, CUTE, CUTE!!! HOA fee includes Water, Sewer, & Trash. Totally redone 1 bedroom, 1 bath condo unit that backs up to the Bedford Boys Ranch! 1 Level unit featuring outdoor courtyard with artificial grass (perfect for low maintenance), all brick wood burning fireplace with vaulted ceilings featuring wood beam, completely redone kitchen with recently installed GE Profile stainless steel appliance package (super quiet dishwasher, 5 Burner cooktop, and huge microwave), Quartz Countertops w incorporated low profile breakfast bar, updated backsplash, kitchen faucet, knobs, and hardware throughout. Large walk in shower with recently installed tile w storage areas, sitting bench and thick shower glass. HURRY!!!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$96,011Estimated Mortgage Balance
$81,989Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
$194/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$937
$173,456
2025
$30,000
$143,456
$173,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$937
$173,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gsb Mortgage Inc
Conventional
$107,200
No
First
Dec 29, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,011
$81,989
46%
54%
$643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$837/mo
+$523/mo
9.2%

City: Bedford

2561 Shady Ridge Dr | Property Details | No Agent List