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$439,000

6560 Meadow Ridge Cir, Nevada, TX, 75173

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.63 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Wine Cooler
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesFire Pit, RV Hookup
Lot Size1 acre

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-4326-00A-0220-1
Lot Number22
SubdivisionMeadow Ridge Estates (Gcn)
Land UseResidential
Legal DescriptionMEADOW RIDGE ESTATES (GCN), BLK A, LOT 22
Census Tract031201
Assessed Land Value$110,000
Assessed Improvement Value$344,303
Assessment Year2025

About this property

Welcome to this spacious home on approximately one acre just outside the city limits, offering peaceful country living with convenient access to Highway 78. The home features an inviting, functional layout with thoughtful updates throughout, including the kitchen, flooring, guest bath, primary bath, fresh exterior paint, and limewashed brick. A dedicated office provides the perfect space for work or study, while the second living area offers incredible flexibility and could easily serve as a 4th bedroom, game room, or additional living space. Outside, enjoy the spacious backyard, peaceful views of neighboring acreage, and a standout 24x40 shop offering endless possibilities for a workshop, storage, hobbies, equipment, recreational vehicles, or your next project. With approximately an acre to enjoy and versatile spaces inside and out, this property offers room to live, work, and make it your own.

Investor Tools

$316,824Estimated Mortgage Balance
$155,168Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,764
$454,303
2025
$110,000
$344,303
$454,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,764
$454,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$325,000
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,824
$137,479
30%
67%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,949/mo
+$23/mo
5.0%

City: Nevada

6560 Meadow Ridge Cir | Property Details | No Agent List