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$314,900

NAL Estimated Property Value

409 Meadow Ridge Drive, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.48 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Lot Size8,872 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN16033500020040000
Lot Number4
SubdivisionNorthwood Trails
Land UseResidential
Legal DescriptionNORTHWOOD TRAILS INST 1 BLK B LOT 4 INT201900124867 DD05142019 CO-DC 0335000200400 4CH03350002
Census Tract016522
Assessed Land Value$55,000
Assessed Improvement Value$259,900
Assessment Year2025

About this property

Back On Market! Buyer didn’t get loan! This is Your Second Chance! FHA Appraisal of $208k Come Fall in Love with this Spacious Home with 22 x 19 Man Cave garage conversion! (Garage could be converted back to garage space but has built ins and ceiling fan) HUGE Carport! Galley Kitchen with replaced range and dishwasher. Ceiling fans throughout!Owner is downsizing and will sell a lot of the furniture! Refrigerator negotiable! Roof replaced in October 2015, Great Enclosed Patio with Ceiling Fan for year round enjoyment! Both bathroom floors replaced on 12-12-18. Countertop Microwave included. 6 Foot Wood Privacy Fence replaced with 8 Foot High Fence at the Back. Close to schools, shopping, churches and parks!

Investor Tools

Property Icon
$314,900
Estimated Property Value
$143,203Estimated Mortgage Balance
$171,697Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,719
$314,900
2025
$55,000
$259,900
$314,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,719
$314,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$166,400
No
First
May 14, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,203
$171,697
54%
45%
$998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$998/mo
+$1,362/mo
9.0%

City: Cedar Hill

409 Meadow Ridge Drive | Property Details | No Agent List