$499,900
2828 S Lakeview Dr, Cedar Hill, TX, 75104
On Market
Property Lead Type:
Pre-ForeclosureDeal ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringHardwood, Marble, Vinyl
Exterior
Exterior FeaturesDeck
Lot Size1.05 acres
Building Information
Year Built2001
Stories2
Roof Type105
Garage Spaces2
Land Information
APN16027900001760000
Lot Number176
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 3 LT 176 ACS 1.05 INT202200185132 DD07012022 CO-DC 0279000017600 4CH02790000
Census Tract016525
Assessed Land Value$168,000
Assessed Improvement Value$340,360
Assessment Year2025
About this property
More pictures coming soon! This spacious 4 bedroom and 3.5 bath with office is sitting on over an acre property, with its own bridge and small creek! Minutes from the highway and Joe Pool Lake, spacious living within the city. Master and second bedroom with private baths downstairs, 2 bedrooms and bath upstairs. Plenty of living space with open kitchen featuring granite countertops. Large back patio for enjoying the view of your private backyard
Investor Tools
$423,597Estimated Mortgage Balance
$170,177Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,982
$508,360
2025
$168,000
$340,360
$508,360
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,982
$508,360
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$457,875
Yes
First
Jul 1, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,597
$84,763
16%
71%
$2,746/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,996/mo
+$74/mo
6.2%
