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$297,360

NAL Estimated Property Value

908 Busby Dr, Cedar Hill, TX, 75104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.6 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Ice Maker, Microwave

Exterior

Exterior FeaturesStorage
Lot Size7,626 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN16042670130080000
Lot Number8
SubdivisionStonewood Heights Ph Rep
Land UseResidential
Legal DescriptionSTONEWOOD HEIGHTS PH 3 REP BLK 13 LT 8 INT202300102997 DD05192023 CO-DC 0426701300800 4CH04267013
Census Tract016615
Assessed Land Value$55,000
Assessed Improvement Value$242,360
Assessment Year2025

About this property

Home Back on market with great improvements. Roof repair, Appliances and much more! A Home You'll Fall in Love With (Twice!)l Rarely does a home hit the market with such a deep history of affection. This incredible Cedar Hill residence has been so beloved, the current owner found themselves buying it 2 times. Now, it's ready for a new chapter with a family seeking space, quality, and a warm atmosphere. This home would be perfect if you’re thinking of purchasing and placing renters. Inside, you'll find a generous 3-bedroom, 2-bathroom layout, featuring a bright, open-concept living room and the luxury of two separate dining rooms. Most importantly, you'll adore the spacious and serene Primary Bedroom. This suite has been upgraded to impress, featuring a renovated bathroom with a sleek, upscale walk-in shower and the envy-inducing royal dream closet! The home also delivers outdoors. The large, fully private backyard is built for entertaining, gardening, and pure enjoyment, secured by a tall privacy fence. Up front, a welcoming flower garden and quaint bench create picturesque curb appeal. This home also has a valuable whole-house water filtration system and an excellent overall condition, and you have a truly unbeatable package. Located in vibrant Cedar Hill, you are minutes from top-rated shops, dining, and entertainment. Experience the love and perfection of this exceptional home, priced perfectly for a quick move. Trust me, I've gotten multiple offers, but home needed a little tlc and it's been done! So much love in a home purchased twice!

Investor Tools

Property Icon
$297,360
Estimated Property Value
$184,900Estimated Mortgage Balance
$112,780Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,835
$297,360
2025
$55,000
$242,360
$297,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,835
$297,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$196,000
No
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,900
$112,460
37%
62%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,176/mo
+$1,184/mo
9.5%

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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908 Busby Dr | Property Details | No Agent List