$215,000
16301 ledgemont Lane 176, Addison, TX, 75001
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesCovered Courtyard
Lot Size7.53 acres
Building Information
Year Built1982
Stories1
Roof Type105
Land Information
APN10005790000B00176
SubdivisionValley Of Bent Tree Condominiums
Land UseResidential
Legal DescriptionVALLEY OF BENT TREE CONDOMINIUMS 7.529ACS BENT TREE VALLEY BLDG B UNIT 176 & 1.2173% CE INT202300134468 DD07062023 CO-DC
Census Tract013627
Assessed Land Value$79,830
Assessed Improvement Value$166,260
Assessment Year2025
About this property
Charming and recently updated 2 bedroom, 2 bath condo in the well-established Valley of Bent Tree community in Addison. This light-filled unit features an open living area, covered patio, and access to resort-style amenities including a pool and tennis courts. Ideally located just north of Addison Circle's dining and entertainment district, minutes from the Dallas North Tollway. Zoned to Dallas ISD.
Investor Tools
$0Estimated Mortgage Balance
$246,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,477 /month
Positive
Cash Flow Estimate:
$492 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$541/month
$542/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,257
$246,090
2025
$79,830
$166,260
$246,090
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,257
$246,090
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,090
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$542/mo
+$1,618/mo
10.5%
