$573,990
NAL Estimated Property Value2824 Fairway Drive, Cedar Hill, TX, 75104
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size1 acre
Building Information
Year Built1997
Stories2
Roof Type105
Garage Spaces2
Land Information
APN16027900002040000
Lot Number204
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 3 LT 204 ACS 1.00 INT202000077191 DD03172020 CO-DC 0279000020400 4CH02790000
Census Tract016525
Assessed Land Value$160,000
Assessed Improvement Value$413,990
Assessment Year2025
About this property
House in 1 Acre of Land!!!Super close to Joe Pool Lake and Tangle Ridge Golf Club. Beautiful house contemporary finish, 3-car garage, light fixtures throughout, laminate, carpeting and ceramic flooring, neutral colors throughout, granite kitchen tops, master bedroom downstairs, beautiful view from deck in backyard, totally remodeled. Foundation work has been done and structural Engineer is uploaded.
Investor Tools
$573,990
Estimated Property Value
$388,557Estimated Mortgage Balance
$185,433Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,444 /month
Positive
Cash Flow Estimate:
$1,148 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,066/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,928
$573,990
2025
$160,000
$413,990
$573,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,928
$573,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$420,000
No
First
May 18, 2022
Jun 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,557
$185,433
32%
68%
$2,519/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,769/mo
+$301/mo
6.4%
