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$285,100

NAL Estimated Property Value

409 Sims Dr, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
price_per_sqft$197.67 / sqft
Year BuiltBuilt in 1987

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, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size5,194 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces1

Land Information

APN160206500C0310000
Lot Number31
SubdivisionHighlands
Land UseResidential
Legal DescriptionHIGHLANDS 5 BLK C LOT 31 INT202400070874 DD04082024 CO-DC 0206500C03100 4CH0206500C
Census Tract016626
Assessed Land Value$55,000
Assessed Improvement Value$230,100
Assessment Year2025

About this property

Location Location Location!!! This 3-2-2 home is perfectly located minutes from highways, restaurants, shopping centers, and the Lagon Water Park. Walking distance to schools and Highland South Park! This property comes with vaulted ceilings, semi open floor plan which includes new roof, fresh paint in and out, laminate flooring in foyer, halls, living room, and carpet in all bedrooms. Updated renovations include new granite countertops in kitchen and bathrooms, new ceiling light fans in master bedroom and living area, updated light fixtures, new windows screens and much more. Come see for yourself. All measurements are reliable but not guaranteed.

Investor Tools

Property Icon
$285,100
Estimated Property Value
$266,084Estimated Mortgage Balance
$19,016Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,711 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,550
$285,100
2025
$55,000
$230,100
$285,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,550
$285,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Conventional
$276,450
No
First
Apr 8, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,084
$19,016
6%
93%
$1,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,658/mo
+$702/mo
9.9%

City: Cedar Hill

409 Sims Dr | Property Details | No Agent List