Last 24 Hours
$725,000
204 Ridgemont Ave, Terrell Hills, TX, 78209
On Market
Just Added
3 Beds
2 Bath
2,464 Sq Ft
$294.24 / sqft
Built in 1948Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Forced Air Unit
CoolingExterior
Lot Size12,180 sqft
Building Information
Year Built1948
Roof Type109
Garage Spaces504
Land Information
APN05742-026-0150
Lot Number15
SubdivisionTerrell Hills Area 1
Land UseResidential
Legal DescriptionCB 5742 BLK 26 LOT 15
Census Tract120402
Assessed Land Value$435,560
Assessed Improvement Value$311,530
Assessment Year2025
About this property
Exceptional location, 200 block of Ridgemont, surrounded by prime Terrell Hills real estate. Many mature trees, private lot. Current property does have a detached garage with attached guest bedroom and bath. This is an opportunity to build on a premier location in Terrell Hills.
Investor Tools
$0Estimated Mortgage Balance
$933,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,598 /month
Positive
Cash Flow Estimate:
$1,866 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,438
$747,090
2025
$435,560
$311,530
$747,090
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,438
$747,090
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$933,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
N/A
+$1,840/mo
2.4%
12.4%