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$292,000

NAL Estimated Property Value

706 Lisa Ln, Cedar Hill, TX, 75104

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,714 Sq Ft
price_per_sqft$160.44 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,977 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN16012500040030000
Lot Number3
SubdivisionCedar Hill Heights 1st
Land UseResidential
Legal DescriptionCEDAR HILL HEIGHTS 1ST INST BLK D LOT 3 INT202300062513 DD03312023 CO-DC 0125000400300 4CH01250004
Census Tract016522
Assessed Land Value$55,000
Assessed Improvement Value$222,540
Assessment Year2025

About this property

UPDATED HOME IN CEDAR HILL NEAR JOE POOL LAKE! Completely renovated home in Cedar Hill includes 2 living areas - 1 is HUGE with barn door from dining-kitchen area that overlooks back yard, makes great Game Room! Kitchen with granite counters and cool subtle sparkle backsplash! X-large Primary bedroom with walk-in closet. Bedroom can be reconverted back to make for a 3 bedroom home! 2 full bathrooms, 2-car garage! Separate utility room with storage, lrg. pantry. Back yard is X-Lrg to accommodate a swimming pool, bbq, gardens and play! Near-by Joe Pool Lake with beautiful walking trails - paved and non-paved, at Cedar Hill State Park, as well as the Dogwood Canyon Audubon Center and Penn Farm! Lake has large marina for your sailboat, boat, jet skis! The restaurant at the marina is an area favorite featuring great food and drinks, with outdoor seating as well, & live music on the weekends! Super shopping center minutes away. 20 miles to downtown Dallas, 30 miles to downtown Fort Worth!

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$27,543Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,953
$277,540
2025
$55,000
$222,540
$277,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,953
$277,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,870/mo
N/A
+$1,870/mo
7.7%

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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706 Lisa Ln | Property Details | No Agent List