For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Joshua 76058 Mountain Valley Lake
705 Ridgeway Road
$250,000
● House - Off Market

705 Ridgeway Road

Joshua, TX 76058
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,880 Ft²
$357,503
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

WOW! Home is a one of a kind, FILLED with upgrades and custom features that give a Farmhouse Style. Tornado? No fear, Feel safe in the Walk in Storm Shelter.  Location is perfect in sought after Mountain Valley where you have room between neighbors. Has a large 30x30 Workshop on a Slab Foundation, with electric. NO HOA! Golf Course within walking distance. Relax on the covered patio or covered porch while you enjoy the quiet. Some updates include; Replaced HVAC July 2019, Storm Shelter, Remodeled Kitchen with Granite Countertops and Cabinets.

The home will even come with the TV's Mounted in Living Room, Master Bedroom and Patio. Washer, Dryer and Fridge will convey as well. Can you talk about MOVE IN READY?
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14233502)

Price History

Date / Event Date Event Price
Mar 4, 2020 Sold
Premium
Sold
Nov 26, 2019 Listed by Fathom Realty LLC $250,000
Listed by Fathom Realty LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,843
  • Total Building Area: 1,654
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN VALLEY ADDITION
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 11 BLK 3 MOUNTAIN VALLEY UNIT 2

Neighborhood

  • School District Name: Joshua Independent School District
  • School Tax School District: JOSHUA ISD
  • Census Tract: 130211

Geography

  • Assessors Map Reference: 126.3499.02730
  • Account Number: R000051003
  • Parcel: 126-3499-02730
  • Block: 3
  • Lot: 11
  • Municipality: CITY OF JOSHUA
  • Latitude: 32.4846
  • Longitude: -97.3681

    Address

  • Full Address: 705 Ridgeway Rd
  • Address - House Number: 705
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Joshua
  • Carrier Code: R009
  • 4-Digit Zip Code: 6147
  • Zip Code: 76058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $609,616
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 379,520
  • High Value: 464,013
  • Low Value: 295,027

    Market Valuation

  • Market Total Value: $248,996
  • Market Land Value: $30,000
  • Market Improvement Value: $218,996

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $248,996
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $218,996

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-06205
  • Previous Sale Recording Date: Feb 03, 2016
  • Previous Sale Contract Date: Feb 03, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mountain Valley Lake

Stats & Trends

Median Asking:

$364,900

Sale Price/ft²

$167

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2175 ft²

Average Home Age

31.1 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 117 N Broadway Street, Joshua, TX, 76058

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,904 ft²
117 N Broadway Street, Joshua, TX, 76058 Listing by Vanessa Gamiz

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kaylan Baucom, Fathom Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14233502
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 705 Ridgeway Road built and last sold?
The property at 705 Ridgeway Road was built in and last sold on Mar 3, 2020 for $265,600.
How much is this home worth?
The estimated value of the home located at 705 Ridgeway Road is $257,079.
What are some comparable homes to 705 Ridgeway Road?
There are currently no comparable homes to 705 Ridgeway Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Joshua Homes for Sale
Joshua Houses for Sale
Joshua Multifamily for Sale
Joshua Land for Sale
Joshua Commercial for Sale
Joshua Homes with Basements
Joshua Homes with Pools
Joshua Homes with Parking
Nearby Cities
Burleson Homes for Sale
Keene Homes for Sale
Godley Homes for Sale
Briaroaks Homes for Sale
Cross Timber Homes for Sale
Nearby Property Records
Johnson County, TX Property Records
Tarrant County, TX Property Records
Somervell County, TX Property Records
Hood County, TX Property Records
Hill County, TX Property Records
Parker County, TX Property Records
Ellis County, TX Property Records
Dallas County, TX Property Records
Neighborhoods
Wakefield Real Estate
Nearby Counties
Burleson-Joshua Homes for Sale
Top Real Estate Agents
Top Agents in Mountain Valley Lake
Top Agents in Joshua
Top Agents in 76028
Top Agents in Burleson-Joshua
Top Agents in Burleson
Top Agents in 76058
Top Agents in 76031
Top Agents in 76044