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$375,000

217 Southpeak Ln, Ponder, TX, 76259

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.4 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,890 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR265911
Lot Number5
SubdivisionSteamboat Estates Ph 1
Land UseResidential
Legal DescriptionSTEAMBOAT ESTATES PH 1 BLK D LOT 5
Census Tract020313
Assessed Land Value$76,230
Assessed Improvement Value$248,257
Assessment Year2025

About this property

Beautifully updated home in Steamboat Estates in sought after Ponder ISD! 4-bedroom, 2-bath home offering 1,862 square feet of comfortable, thoughtfully designed living space. The open floor plan and abundant natural light create a warm and inviting atmosphere. The chef-inspired kitchen is truly the heart of this home, featuring beautifully updated rustic walnut custom cabinetry, granite countertops, updated stainless-steel appliances, and an oversized butcher-block island. The custom cabinetry is designed with convenience in mind, including soft-close doors, pull-out shelves, and two-tiered drawers, providing exceptional organization and storage. With generous counter space, this kitchen is ready for meal preparation and gathering with family and friends. The split-bedroom floor plan offers privacy and functionality, with the spacious primary suite tucked away from the secondary bedrooms. The primary ensuite bathroom features his-and-hers vanities and rustic walnut cabinetry with custom pullouts designed for easy organization of hairdryers and other personal items. Three additional bedrooms feature newly replaced carpet, while the updated hall bathroom offers rustic walnut cabinetry, abundant storage, and a double-sink vanity. Step outside to enjoy the 15' x 10' covered back porch, overlooking a beautiful backyard with mature landscaping. A storage building provides additional space for tools, lawn equipment, hobbies, or seasonal items, helping keep the garage and home organized. Enjoy the best of both worlds with peaceful living while remaining conveniently close to major roadways for easy commuting and access to modern conveniences. And when it's time to unwind or enjoy a great meal, Marty-B's Ranchman's Steakhouse is just a 5-minute drive away! With thoughtful updates, beautiful custom finishes, abundant storage, and a functional layout, this home offers a wonderful combination of comfort, convenience, and peaceful living! Come make this home your own!

Investor Tools

$259,038Estimated Mortgage Balance
$109,962Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Brenda Pagel

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,523
$324,487
2025
$76,230
$248,257
$324,487
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,523
$324,487

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$280,000
No
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,038
$109,962
29%
70%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,679/mo
+$1,051/mo
8.9%

City: Ponder

217 Southpeak Ln | Property Details | No Agent List