$433,000
NAL Estimated Property Value407 Madison Place, Ponder, TX, 76259
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size28,314 sqft
Building Information
Year Built2001
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR213239
Lot Number14
SubdivisionHigh Meadows North Ph 1
Land UseResidential
Legal DescriptionHIGH MEADOWS NORTH PH 1 BLK B LOT 14
Census Tract020314
Assessed Land Value$97,686
Assessed Improvement Value$327,277
Assessment Year2025
About this property
One of a kind home in sought after Ponder ISD. Home boast wonderful landscaping with pond and gorgeous pool. The floor plan is open and has a full wall of windows that look out to the spacious walk around pond. Over one half acre of yard that has two specified outdoor areas. The pool is in a private separate part of the backyard. Home has been very well maintained and updated.
Investor Tools
$433,000
Estimated Property Value
$283,136Estimated Mortgage Balance
$149,864Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,026
$424,963
2025
$97,686
$327,277
$424,963
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,026
$424,963
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Unknown
$320,000
No
First
Jun 5, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,136
$149,864
34%
65%
$1,919/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,919/mo
+$171/mo
5.8%
