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$300,000

414 Madison Pl, Ponder, TX, 76259

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.39 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Engineered Hardwood

Exterior

Lot Size8,276 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR213249
Lot Number29
SubdivisionHigh Meadows North Ph 1
Land UseResidential
Legal DescriptionHIGH MEADOWS NORTH PH 1 BLK C LOT 29
Census Tract020314
Assessed Land Value$43,449
Assessed Improvement Value$241,364
Assessment Year2025

About this property

Discover comfort, character, and value at 414 Madison Place in Ponder. This well-maintained brick home offers 3 bedrooms, 2 baths, and an inviting layout ideal for first-time buyers, homeowners seeking room to grow, or investors looking to add to their portfolio. The kitchen features distinctive soapstone countertops and beautiful backyard views, while the living areas offer engineered wood flooring and a cozy wood-burning fireplace. Step outside to a spacious, private backyard with plenty of room for entertaining, gardening, play, or creating your own outdoor retreat, plus ample room to store your boat or RV inside the gated side yard. Recent improvements include fresh interior paint, a wood privacy fence, new windows installed in 2023, and a new HVAC system in 2026. Conveniently located near Ponder ISD schools, this home offers the charm of an established neighborhood as new development continues throughout the surrounding area. With growth coming to Ponder, 414 Madison Place presents an attractive opportunity to own a move-in-ready home for only $300,000. Schedule your private tour today! Buyer to verify measurements and schools.

Investor Tools

$202,708Estimated Mortgage Balance
$107,292Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Tina Bryant

Real T Team by eXp

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,347
$284,813
2025
$43,449
$241,364
$284,813
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,347
$284,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$222,400
No
First
Feb 18, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,708
$107,292
34%
65%
$1,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,334/mo
+$756/mo
8.1%

City: Ponder

414 Madison Pl | Property Details | No Agent List