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$216,000

2565 Shady Ridge Drive, Bedford, TX, 76021

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$147.93 / 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
AppliancesNone
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1983
Stories2

Land Information

APN38084C-O-1
Lot Number1
SubdivisionShady Ridge Homes Condominiums
Land UseResidential
Legal DescriptionSHADY RIDGE HOMES CONDOMINIUMS BLOCK O LOT 1 .0196298% CE
Census Tract113630
Assessed Land Value$30,000
Assessed Improvement Value$185,235
Assessment Year2025

About this property

** BACK ON MARKET*THIS IS A HANDYMAN'S DELIGHT*A DIAMOND IN THE ROUGH*HARD TO FIND 2 BEDROOM, 2 BATH w-SPLIT ARRANGEMENT*TWO PRIMARY BEDROOM AREAS-ONE UP,ONE DOWN*PLUS LOFT UPSTAIRS*LIVING ROOM WITH ACCENT WALL & FIREPLACE*DINING AREA IN LR*U-SHAPED KITCHEN OPEN TO LIVING*PER OWNER-ROOF REPLACED (BY HOA) JUNE,2022, OWNER RECENTLY REPLACED OUTSIDE AC UNIT, INSIDE AIR HANDLER,WATER HEATER*PRIVATE, SHADED, QUIET COURTYARD-PATIO ENTRANCE*ASSIGNED PARKING NEARBY*CONVENIENT LOCATION NEAR SCHOOLS, LIBRARY, SHOPPING, RESTAURANTS, MEDICAL*EZ ACCESS TO FREEWAY*THIS ONE IS AN AS-IS SALE SO BRING YOUR TOOL BELT, IMAGINATION & ELBOW GREASE*NEEDS KITCHEN APPLIANCES TOO BUT COULD BE JUST THE OPPORTUNITY YOU'VE BEEN WAITING FOR*HOA MONTHLY INCLUDES WATER,SEWER,TRASH PICK-UP,EXTERIOR & YARD MAINTENANCE,POOL,CLUBHOUSE*ASSIGNED PARKING*RM SIZES APPROX*BUYER, BUYER'S AGENT TO VER SCHOOLS & ALL HOA INFO*AGTS-PLS CK PRIVATE REMARKS**PER HOA: BUYER MUST BE OWNER-OCCUPIED*INVESTOR OFFERS CANT BE CONSIDERED*

Investor Tools

Property Icon
$216,000
Estimated Property Value
$0Estimated Mortgage Balance
$9,047Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
$269/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,008
$215,235
2025
$30,000
$185,235
$215,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,008
$215,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$216,790
No
First
Nov 3, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,953
$9,047
4%
96%
$1,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,569/mo
+$31/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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: Bedford

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2565 Shady Ridge Drive | Property Details | No Agent List