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$1,500,000

401 Ridgemont Ave, Terrell Hills, TX, 78209

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,479 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$431.16 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size15,800 sqft

Building Information

Year Built1940
Stories2
Roof Type109
Garage Spaces3

Land Information

APN05742-031-0070
Lot Number7
SubdivisionTerrell Hills Area 1
Land UseResidential
Legal DescriptionCB 5742 BLK 31 LOT 7
Census Tract120402
Assessed Land Value$507,340
Assessed Improvement Value$816,200
Assessment Year2025

About this property

Timeless Terrell Hills living meets exceptional space, character and possibility. Situated on a generous .363-acre lot, this 3-bedroom, 2.5-bath residence offers approximately 3,479 square feet with three living areas and two dining spaces that provide flexibility for both gracious entertaining and comfortable everyday living. Rich hardwood and tile flooring flow throughout the home, while a gas fireplace creates a warm and inviting focal point. Two living areas open directly to the covered patio and sparkling 34' x 17' pool, creating a seamless connection between indoor and outdoor living. The covered patio is designed for effortless entertaining with a built-in sink and beverage refrigerator-an inviting setting for poolside dining, gatherings with friends or simply relaxing outdoors. Remodeled in 2005, the kitchen features granite countertops, beautiful custom cabinetry, exceptional storage, gas cooking with a new downdraft system, a new dishwasher and reverse-osmosis water filtration. Upstairs, the expansive primary suite feels like a private retreat. An adjoining sitting room or office provides a quiet space for reading, working or unwinding, while a large private deck offers a wonderful place to greet the morning or end the day outdoors. Exceptional storage includes generous separate closets, along with cleverly concealed additional closets tucked behind mirrored panels. The two secondary bedrooms are also upstairs, creating a distinct separation between the home's entertaining and private spaces. An attached guest house/casita with its own full bath and remodeling potential adds tremendous versatility, ideal for creating private guest accommodations, a home office, studio or additional living space. A separate backyard storage shed and attached two-car garage provide even more functionality. Significant improvements include all-new windows in 2020, a new roof in 2021, two new HVAC systems in 2024, an additional new HVAC system and compressor in 2026, plus a whole-house water softener re-bedded in 2026. With its generous proportions, exceptional primary retreat, beautiful pool setting, flexible guest space, substantial improvements and future expansion potential, this home presents a rare opportunity in one of San Antonio's most coveted neighborhoods

Investor Tools

$587,804Estimated Mortgage Balance
$735,736Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Kathy Ripps

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,355
$1,323,540
2025
$507,340
$816,200
$1,323,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$24,355
$1,323,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$730,400
No
First
May 19, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$587,804
$735,736
55%
44%
$4,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$4,380/mo
$-2,540/mo
1.7%

City: Terrell Hills

401 Ridgemont Ave | Property Details | No Agent List