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$607,000

NAL Estimated Property Value

3516 Aspen Drive, Bedford, TX, 76021

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,066 Sq Ft
price_per_sqft$190.77 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size4,996 sqft

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APN38604H-1-5
Lot Number5
SubdivisionSilverwood Addition
Land UseResidential
Legal DescriptionSILVERWOOD ADDITION BLOCK 1 LOT 5
Census Tract113623
Assessed Land Value$100,000
Assessed Improvement Value$415,000
Assessment Year2025

About this property

Fantastic two story home tucked away in a gated community. Quick highway access. Private backyard with gateway to the park. Kitchen opens up to living area with towering ceiling and fireplace. Downstairs features an office, guest bedroom, and spacious master with large walk-in closet. Media room, large living room, full bath, and one guest bedroom upstairs. Storage shelving in garage. Updates include Kitchen Aid appliances and hot water heater replacement (2021), garage door openers, and downstairs tile and wood flooring (2020), AC unit and furnace replacement (2018-2019). Home has ring doorbell, WIFI sprinklers, and Nest thermostats.

Investor Tools

Property Icon
$607,000
Estimated Property Value
$490,350Estimated Mortgage Balance
$116,650Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,642 /month
Positive
Cash Flow Estimate:
$1,214 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,203
$515,000
2025
$100,000
$415,000
$515,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,203
$515,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$531,000
No
First
Apr 27, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$490,350
$116,650
19%
81%
$3,184/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$3,624/mo
$-1,504/mo
4.2%

City: Bedford

3516 Aspen Drive | Property Details | No Agent List