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$433,000

NAL Estimated Property Value

4557 Ridgepointe Drive, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,813 Sq Ft
price_per_sqft$186.98 / sqft
Year BuiltBuilt in 1999

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, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR188983
Lot Number18
SubdivisionRidgepointe Ph 2a
Land UseResidential
Legal DescriptionRIDGEPOINTE PH 2A BLK F LOT 18
Census Tract021518
Assessed Land Value$92,400
Assessed Improvement Value$310,631
Assessment Year2025

About this property

MULTIPLE OFFERS - Deadline at 7:00 PM Thursday, July 1, 2021. Great house at a great location! Gorgeous 3 Bedroom, 2 Baths, 2 living rooms! Light and bright home with high ceilings and lots of neutral light, beautiful floors, large kitchen with Granite countertops and Island and a breakfast bar makes this house perfect for entertaining & everyday living. Family rm has fireplace and opens to the nice bkyd with large deck covered by trellis. HVAC replaced in 2015. Water Heater was replaced in 2017.Minutes away from Hwy 121, Dallas North Tollway, and Lakes! Close to entertainment and shopping centers: Legacy West, Top Golf, Hurricane Harbor, and many restaurants. Walking distance to the 5 mile trails to the lake.

Investor Tools

Property Icon
$433,000
Estimated Property Value
$300,609Estimated Mortgage Balance
$132,391Estimated Equity
30% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,214
$403,031
2025
$92,400
$310,631
$403,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,214
$403,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$331,075
No
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,609
$132,391
30%
69%
$1,985/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,985/mo
+$355/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

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: The Colony

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4557 Ridgepointe Drive | Property Details | No Agent List