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$551,000

2925 Fairway Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.3 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size25,613 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN16027960015080000
Lot Number508
SubdivisionLake Ridge Sec 1-A
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 10 1-A BLK 1 LT 508 ACS 0.58 INT201900199601 DD07292019 CO-DC 0279600150800 4CH02796001
Census Tract016525
Assessed Land Value$120,000
Assessed Improvement Value$428,450
Assessment Year2025

About this property

Gorgeous Mediterranean style home, with outstanding curb appeal! Beautiful chefs kitchen, with so many features. Gas cooktop, prep sink, convection oven with warmer and microwave, large walk in pantry. The large living room is great for entertaining or just sitting by the fireplace looking out the wall of windows into your large backyard. Spacious master suite with see-thru gas fireplace. Large secondary bedrooms, with walk in closets. Relaxing sunroom. Flushed mounted speakers. Cathedral ceilings. Flooring 1 year old. Dual temperature wine coolers stay. Decked out attic, for an additional 500 sq ft. of storage above the garage. Epoxy finish on garage floors. Hot tub and so so much more!

Investor Tools

Property Icon
$551,000
Estimated Property Value
$0Estimated Mortgage Balance
$296,496Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,306 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$548,450
2025
$120,000
$428,450
$548,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$548,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercontinental Capital Group Inc
Va
$280,298
Yes
First
Jul 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,504
$296,496
53%
46%
$1,681/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,056/mo
+$304/mo
5.1%

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: Cedar Hill

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2925 Fairway Drive | Property Details | No Agent List