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Owner Contacts

$197,000

NAL Estimated Property Value

508-510 Matterhorn Street, Cedar Hill, TX, 75104

$256,100 ARV

Off Market

3 Beds

1 Bath

2,320 Sq Ft

$159.44 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal

FlooringCarpet, Combination, Laminate, Linoleum

Exterior

Lot Size4,964 sqft

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN160206700U0030000

Lot Number3

SubdivisionHighlands

Land UseResidential

Legal DescriptionHIGHLANDS 8 BLK U N 1/2 LOT 3 1/2 DUPLEX INT202300202928 DD10022032 CO-DC 0206700U00300 4CH0206700U

Census Tract016615

Assessed Land Value$60,000

Assessed Improvement Value$128,800

Assessment Year2025

About this property

INVESTMENT DUPLEX BOTH SIDES. Hard-to-find 1-Story is a 3-bedroom 1-bath duplex on both sides; identical floorplans. This is a rare opportunity to have a Full Duplex building. Rent out both sides or live in one side and rent out the other. 4 Parking spaces in rear are open concrete pads. Well maintained and in good condition. Carpet, paint and appliances are all in good condition. Refrigerators are part of the property; tenants bring their own washer and dryer. Unit 508 (right side) is vacant on Supra, show this side only. DO NOT DISTURB TENANT in number 510 (left side); tenant in 510 is on a Month-To-Month below market lease at $1300 and a long-term tenant. Days on market for these units are in the single digits. Measurements and expense amounts are estimates only and should be verified by buyer. Easy access to Hwy 67. Close to parks, schools and good shopping. UPDATES: Interior & Exterior Paint; Flooring; Faucets; Vents; Switches; Blinds; Lighting; Door handles & More.

Investor Tools

$197,000

Estimated Property Value

$362,056Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$256,100

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,219 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$310/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,733

$188,800

2025

$60,000

$128,800

$188,800

Tax History

Year

Tax Paid

Assessed Value

2024

$2,733

$188,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

$379,900

Yes

First

Oct 2, 2023

Oct 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$362,056

N/A

184%

$2,278/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,360/mo

$2,278/mo

+$82/mo

14.4%

Learn About the Market: Opportunity in Texas

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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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