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$650,000

516 Cedar Mountain Rd, Gatesville, TX, 76528

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350.22 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater, Some Gas Appliances, Microwave, Range
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Outdoor Kitchen, Porch, Private Yard, Rain Gutters, Propane Tank Leased, Storage
Lot Size3.09 acres

Building Information

Year Built2019
Roof Type105

Land Information

APN0-34-74-0100
Land UseResidential
Legal Description0592 B KELLY, ACRES 3.089
Census Tract010202
Assessed Land Value$61,510
Assessed Improvement Value$322,900
Assessment Year2025

About this property

CUSTOM-BUILT HOME WITH POOL, SHOP & RV PARKING! This beautifully designed 3-bedroom, 2.5-bath custom-built home offers an exceptional combination of comfort, functionality, and entertaining space. The open-concept kitchen, dining, and den create a welcoming gathering area, complete with a beautiful wood-burning fireplace and large windows overlooking the backyard. Step outside to the spacious covered porch and enjoy views of the impressive in-ground pool, featuring a fantastic layout with plenty of room for family fun, including space for a game of volleyball! The spacious primary suite is filled with natural light from numerous windows and features a beautiful primary bath with a large walk-in shower, double sinks, and two separate closets, including an oversized closet. The split-bedroom floor plan provides privacy, with the additional bedrooms offering convenient access to a shared bathroom featuring a tiled shower/bath combination and double vanity. The laundry room is conveniently located near the primary suite and includes an exterior door for added functionality. A large flex room, currently used as a home office, provides plenty of space for work, hobbies, or additional living needs. Outside, the property truly shines with a versatile metal building featuring a huge covered porch, outdoor kitchen, storage space, and a half bath. Inside, the building offers a loft for additional storage along with a separate air-conditioned room that can serve as a second home office, hobby room, or private workspace. The attached carport near the home provides parking for two vehicles, while the spacious carport by the metal building offers plenty of room for an RV. An RV hookup is also available on the property. With thoughtful design, abundant storage, multiple covered outdoor spaces, a sparkling pool, and exceptional versatility, this property offers a lifestyle that is hard to find!

Investor Tools

$414,876Estimated Mortgage Balance
$384,410Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Jana Carpenter

Dixon Realty Team|KW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,042
$384,410
2025
$61,510
$322,900
$384,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,042
$384,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
N/A
Land Contract (Argmt. Of Sale)
$196,946
No
First
Apr 26, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,876
N/A
0%
108%
$2,861/mo

City: Gatesville