Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$693,000

NAL Estimated Property Value

4509 Lake Ridge Dr, The Colony, TX, 75056

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,747 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.79 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Convection Oven, Double Oven, Refrigerator

Exterior

Lot Size9,470 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR164056
Lot Number51
SubdivisionLake Ridge Estates (Lewisville)
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES (LEWISVILLE) BLK D LOT 51
Census Tract021518
Assessed Land Value$85,969
Assessed Improvement Value$520,092
Assessment Year2025

About this property

Stunning 2-Story Home with Backyard Oasis – 3743 Sq Ft, 3 Living Areas, Renovated Throughout! Welcome to your dream home! This spacious 3,743 sq ft two story home features 5 bedrooms, 3.5 bathrooms, 3 versatile living areas, and a 2-car garage, offering all the space you need to relax and entertain. Downstairs, you’ll love the beautiful stained concrete floors that bring warmth and charm, while the upstairs features cozy new carpet in all bedrooms and the upstairs living area. The renovated primary suite is a luxurious retreat with a large walk-in shower, dual vanities, and two walk-in closets one of which is absolutely huge! The updated kitchen is a chef’s delight with high-end convection double ovens, polished natural stone counter tops, a refrigerator and freezer, dishwasher, and a sleek downdraft cooktop. The center island and large serving area make it perfect for hosting. Step outside into your private backyard oasis featuring a newly renovated pool with updated coping, plaster, wall, and decking. The covered patio comes complete with ceiling fans and built-in speakers, making it ideal for year-round enjoyment. Located in a well-kept neighborhood with no HOA fees, you’ll also enjoy walking trails near lake

Investor Tools

Property Icon
$693,000
Estimated Property Value
$560,652Estimated Mortgage Balance
$132,348Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,092/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,636
$606,061
2025
$85,969
$520,092
$606,061
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,636
$606,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Stand Alone First / Home Equity First Lien
$238,450
No
First
Jun 7, 2016
Jul 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$560,652
$132,348
19%
81%
$3,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$3,679/mo
$-1,339/mo
4.1%

City: The Colony

4509 Lake Ridge Dr | Property Details | No Agent List