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$526,000

NAL Estimated Property Value

40 Water Ridge Drive, Graford, TX, 76449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.5 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit
Lot Size26,310 sqft

Building Information

Year Built2021
Garage Spaces4

Land Information

APN226290650
Lot Number3
SubdivisionWater Ridge Estates
Land UseResidential
Legal DescriptionWATER RIDGE ESTATES BLK E LOT 3 G#W0500-00-000E0-003-00-0
Census Tract000100
Assessed Land Value$78,930
Assessed Improvement Value$379,720
Assessment Year2025

About this property

PK's newest lifestyle community. Offering 2 Large Master Suites, half acre lots, 4th bedroom with a built in loft can be a bedroom, play room or bunk room. Open concept living and dining area with an oversized garage for all your lake toys. Washer, dryer and refrigerator are included. Covered patio equipped with an outdoor living with fireplace and grill. Amenities include resort style swimming pool, sand volleyball court, playground, community facility and private access to Water Ridge Estates own Tranquility Cove. Property owners will have access to private boat ramp, boat slips, sand volleyball, covered outdoor seating, swimming area and many other amenities. Completed construction by July.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$262,998Estimated Mortgage Balance
$263,002Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,273
$458,650
2025
$78,930
$379,720
$458,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,273
$458,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$288,000
No
First
Oct 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,998
$263,002
50%
50%
$1,727/mo

City: Graford

40 Water Ridge Drive | Property Details | No Agent List