$249,999
1238 Neptune Dr, Cedar Hill, TX, 75104
On Market
Just Added
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Wine Cooler
Exterior
Lot Size7,874 sqft
Building Information
Year Built1974
Roof Type105
Garage Spaces1
Land Information
APN16042500140230000
Lot Number23
SubdivisionSouth Hills Park 2nd
Land UseResidential
Legal DescriptionSOUTH HILLS PARK 2ND INST BLK N LT 23 INT201700324621 DD11032017 CO-DC 0425001402300 4CH04250014
Census Tract016616
Assessed Land Value$50,000
Assessed Improvement Value$189,870
Assessment Year2026
About this property
MOTIVATED SELLER - CEDAR HILL HOME WITH $7,500 SELLER INCENTIVE! Beautifully renovated 3-bedroom, 2 bath home featuring a fresh, modern feel throughout! This move in ready property offers a spacious open concept layout. New appliances, updated lighting, and renovations throughout.
Investor Tools
$151,881Estimated Mortgage Balance
$87,989Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,930
$239,870
2026
$50,000
$189,870
$239,870
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,930
$239,870
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Commercial
$152,100
No
First
Sep 1, 2026
Sep 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,881
$87,989
36%
63%
$912/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$912/mo
+$1,448/mo
11.8%
