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$317,961

NAL Estimated Property Value

907 Downridge Dr, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,363 Sq Ft
price_per_sqft$168.75 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Gas Water Heater, Microwave, Stainless Steel Appliances
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APNR-17-W341-220E-0018-0006
Lot Number18
SubdivisionRidgewood South
Land UseResidential
Legal DescriptionS8218 - RIDGEWOOD SOUTH PH 2, BLOCK E, LOT 18
Census Tract020319
Assessed Land Value$81,000
Assessed Improvement Value$236,961
Assessment Year2025

About this property

Wonderful Location - Minutes to Gateway Shopping & Entertainment at 1890 Ranch! This wonderful single-story in Ridgewood South is zoned for Leander ISD, March 2020 roof, & a beautiful open-concept floorplan. Family room boasts fabulous floors, vaulted ceilings, cozy fireplace w remote, & opens to the light-filled kitchen w/SS appliances. Master offers high ceilings & an ensuite bath w/dbl vanity & WIC. Ready for your artistic design/paint & updates! Great backyard w/ covered patio & plenty of play space!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$317,961
Estimated Property Value
$156,553Estimated Mortgage Balance
$161,724Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$26/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,752
$317,961
2025
$81,000
$236,961
$317,961
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,752
$317,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elite Financing Group Llc
Conventional
$175,500
No
First
Sep 29, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,553
$161,408
50%
49%
$1,053/mo

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: Leander

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907 Downridge Dr | Property Details | No Agent List