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$371,100

NAL Estimated Property Value

501 Grady Ln, Cedar Hill, TX, 75104

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size9,480 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN16015960010230000
Lot Number23
SubdivisionCumberland At High Pointe
Land UseResidential
Legal DescriptionCUMBERLAND AT HIGH POINTE PH 1 BLK 1 LT 23 INT202400157934 DD08022024 CO-DC 0159600102300 4CH01596001
Census Tract016529
Assessed Land Value$65,000
Assessed Improvement Value$306,100
Assessment Year2025

About this property

This four bedroom, two and a half bath home is nestled on a corner lot with mature trees. If you enjoy the outdoors, Bradford Park is on the opposite corner. As you enter the foyer the living room is to the left and the dining room is to the right. The kitchen has plenty of cabinets, counter space, breakfast bar and dining area. The family room features a corner gas log fireplace and built-in shelving. All bedrooms are located upstairs. The large primary bedroom has a gas log fireplace and a plant ledge. Oversize primary bath features vinyl plank flooring, jetted tub and separate shower. There is a spacious walk-in closet. Carpet was just replaced throughout the home. The back of the home has a 25’ x 9’ sunroom and the vinyl fencing surrounding the backyard provides privacy. Two car rear entry garage.

Investor Tools

Property Icon
$371,100
Estimated Property Value
$332,812Estimated Mortgage Balance
$38,288Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,227 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,879
$371,100
2025
$65,000
$306,100
$371,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,879
$371,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$343,561
Yes
First
Aug 2, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,812
$38,288
10%
90%
$2,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,060/mo
+$1,010/mo
9.9%

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: Cedar Hill

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501 Grady Ln | Property Details | No Agent List