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$699,900

4020 Ripy Rd, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.29 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size5.04 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR200564
Lot Number5
SubdivisionCreekwood Est
Land UseResidential
Legal DescriptionCREEKWOOD EST BLK 1 LOT 5
Census Tract020206
Assessed Land Value$260,078
Assessed Improvement Value$349,612
Assessment Year2025

About this property

Incredible custom home located on 5 acres with 610 sq ft guest quarters and pool. Light & open floor plan, split bedrooms all downstairs with large game room upstairs that could also be used as a 4th bedroom. Huge kitchen with tons of granite counter space & cabinets all overlooking the dining, breakfast & living room. The living room is highlighted by tons of natural light, built ins & floor to ceiling brick fireplace. Updated master bath with sep shower, jacuzzi tub & walk in closet. Wait until you step outside and see your own private oasis: gated pool with spa, covered pergola, cabana area, seating areas and the privacy of your 5 acres. The amazing 610 sq ft guest house has bedroom area, living, kitchen and full bath and so many possibilities for the growing family. Completely fenced property, electric entry gate, beautiful landscaping, storage building are just a few more highlights.

Investor Tools

Property Icon
$707,000
Estimated Property Value
$542,400Estimated Mortgage Balance
$195,319Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,242 /month
Positive
Cash Flow Estimate:
$1,414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,395
$609,690
2025
$260,078
$349,612
$609,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,395
$609,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Building Or Construction Loan
$542,400
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$511,681
$195,319
27%
72%
$3,252/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$3,252/mo
$-1,132/mo
3.6%

Learn About the Market: Opportunity in Texas

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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.

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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: Krum

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