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$456,090

475 Lcr 404, Groesbeck, TX, 76642

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.87 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Lot Size1.81 acres

Building Information

Year Built2008

Land Information

APNR130089
Land UseResidential
Legal DescriptionA VARELA -G- RIDGEWOOD PARK, ACRES 1.81
Census Tract970600
Assessed Land Value$32,630
Assessed Improvement Value$423,460
Assessment Year2024

About this property

An absolute MUST SEE! This meticulously maintained custom home is located on 1.81 acres in Ridgewood Park, one of the county's most desirable subdivisions conveniently located just minutes outside of Groesbeck. From the moment you enter, you feel as though you are truly home. Features include 4 bedrooms, 2.5 baths, a stone-surrounded fireplace, GOURMET island kitchen, exotic granite, stainless steel appliances, upstairs loft, stunning vaulted ceilings, and much more. You will be captivated by the expansive primary retreat for sure and all that it offers. Enjoy the RESORT LIKE BACKYARD year around that boasts a (heated) salt water, gunite pool/ spa surrounded by flagstone decking, rock, and beautiful landscaping. The firepit area is sure to be a hit in the evenings providing a great place to relax, have smores, and share stories! The spacious, covered back porch provides room for guests, conversation seating, a BBQ pit and more. This is a rare, AMAZING find and any entertainer's dream!

Investor Tools

Property Icon
$456,090
Estimated Property Value
$291,600Estimated Mortgage Balance
$191,833Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,737 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,392
$456,090
2024
$32,630
$423,460
$456,090
No

Tax History

Year
Tax Paid
Assessed Value
2022
$6,392
$456,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$291,600
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,257
$197,743
42%
58%
$1,749/mo

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.

Explore Texas Explore This Area
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: Groesbeck

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475 Lcr 404 | Property Details | No Agent List