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$595,000

NAL Estimated Property Value

4045 Windmill Ridge Cir, Ovilla, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,049 Sq Ft
price_per_sqft$196.75 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.01 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces4

Land Information

APN00.9262.001.042.00.108
Lot Number42
SubdivisionWindmill Ridge Ph 3
Land UseResidential
Legal DescriptionLOT 42 BLK 1 WINDMILL RIDGE PH 3 1.013 AC
Census Tract060221
Assessed Land Value$145,000
Assessed Improvement Value$426,664
Assessment Year2025

About this property

Multiple offers- Deadline -Highest & Best by 7pm Sunday 5-8-22. Gorgeous One and Half Story Home on an Acre Lot in Desirable Windmill Ridge, No HOA, No City Taxes, Midlothian ISD and ALL the Sights and Sounds of FINE Country Living! This spacious 4 bedroom home will surely impress with all bedrooms on the 1st level & game room plus an add'l office-hunting room up. Recently installed handscraped hardwoods greet you upon entry & take you through the large dining area into the chef's kitchen w 5 burner gas cooking, dbl ovens, walk in pantry, island, granite breakfast bar open to large family room newly renovated with gas stone fireplace, built ins & gorgeous views of the expansive backyard & outside living. Master features trayed ceilings, nice size shower, jetted tub, dbl vanities & walk in closet. All rooms are nice sized, tons of storage everywhere. Large utility room w room for freezer, oversized 3 car garage w workbench. Enjoy outside living on the extended flagstone cov patio!

Investor Tools

Property Icon
$595,000
Estimated Property Value
$111,756Estimated Mortgage Balance
$483,244Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,756
$571,664
2025
$145,000
$426,664
$571,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,756
$571,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$115,000
No
First
Oct 11, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,756
$483,244
81%
19%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$690/mo
+$2,020/mo
5.5%

Learn About the Market: Opportunity in Texas

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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: Ovilla

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4045 Windmill Ridge Cir | Property Details | No Agent List