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$379,000

6623 Meadow Ridge Cir, Nevada, TX, 75173

$411,587 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.04 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesLighting, Storage
Lot Size1 acre

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APNR-4326-00B-0090-1
Lot Number9
SubdivisionMeadow Ridge Estates (Gcn)
Land UseResidential
Legal DescriptionMEADOW RIDGE ESTATES (GCN), BLK B, LOT 9
Census Tract031201
Assessed Land Value$110,000
Assessed Improvement Value$227,571
Assessment Year2025

About this property

~Field of Dreams~ Perfect dream home on TEXAS-sized lot on quaint country street, far from hustle & bustle while convenient to all amenities, LAKE LAVON, NO CITY TAXES, NO HOA, all at GREAT PRICE! You'll Know as you turn onto Meadow Ridge Circle. This beautifully maintained & cared-for home features lovely landscaping, stone-border flower beds, porch & glass-paneled front dr w storm door. Step in to discover fresh paint, luxury vinyl planks, vaulted ceilings, bay windows, open & split living, f-place, Study w French drs, garden tub w separate shower, dual sinks (towel warmer even!), walk-in & all the TLC! Step out to your cozy covered back porch leading to a welcoming seating area and then to a beautifully designed fire pit for gatherings under the stars, all in your 1-ACRE LOT & Field of Dreams! Touches of natural beauty, blooming Blue Bonnets & pride of ownership in every direction, a sturdy playset, spacious storage shed (mint condition!) & so much MORE! Stop Looking, Start Packing!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$190,000Estimated Mortgage Balance
$181,944Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$411,586
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,255
$337,571
2025
$110,000
$227,571
$337,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,255
$337,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$190,000
No
First
Aug 23, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,056
$181,944
49%
50%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,140/mo
+$832/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Nevada

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6623 Meadow Ridge Cir | Property Details | No Agent List