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About this home
Located in the heart of Mustang, this home is priced below market value. The property offers incredible potential for investors, landlords, or handy buyers ready to roll up their sleeves. With solid bones and room for improvement, it’s the perfect opportunity to add value through updates and a cosmetic repair. Whether you’re looking to flip, rent, or make it your own, this home provides a strong foundation and a great return path. Convenient access to shopping, dining, and major highways — strong appeal for future tenants or resale.
Single-familyProperty Type
2004Year Built
6,604 sq ftLot Size
$135Price/Sq.Ft.
$5/moHOA Dues
2 car garageParking
Listed by Susan Planer Phillips• RE/MAX Cobblestone
Southwest Oklahoma City, located between I-40 and the Canadian River, is a suburban and industrial Oklahoma City neighborhood with wide arterial roads and big-sky open lots. The neighborhood’s character concentrates around the SW 29th St and S May Ave corridor, where taquerías, panaderías, mercados, and auto shops line the storefronts in a steady daytime hum. Local pillars include Plaza District’s Lyric Theatre of Oklahoma, the Oklahoma Contemporary Arts Center, and the historic Capitol Hill’s Rodeo Cinema. Housing ranges from mid-century ranch homes to newer infill near commercial strips. Sidewalks and pocket parks break up long blocks, while river-adjacent green space shapes the southern edge. The pace feels practical and workday-oriented, with arts pockets nearby adding texture.
Provided by Walk Score and Local Logic
Offer insights
516 S Castle Ridge Ln · $187,900
$191K and above
75% chance or better to win
Why $191K+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 51 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceiling fans
Window treatments
In-law plan
Bedrooms
3 bedrooms
Primary bedroom with ceiling fan and walk-in closet
Bathrooms
2 full bathrooms
Kitchen
Free‑standing electric range/oven
Laundry & utility
Slab foundation (utility access)
Natural gas available
Electric available
Flooring
Tile flooring
Vinyl flooring
Heating & cooling
Natural gas heating
Electric cooling
Exterior features
Patio
Wood fencing
Interior lot
Home design
Single family residence
One level
Parking
2‑car garage
Construction
Brick construction
Composition roof
Double‑pane windows
Built on slab foundation
Utilities
Electricity available
Natural gas available
Public utilities
HOA & community
Mandatory association dues
Association fee $60 per month covering grounds maintenance
Financial info
Listing terms: Cash or Conventional
Loan financing available (qualifies)
Electricity and solar
View estimated energy costs and solar savings for this home
VERY CUTE! GREAT CONDITION-ROOMY PLAN W/LG LIVING & 9' CEILINGS-LIGHT FIXTURES, CEILING FANS & FAUCETS NEW IN DEC-SOME NEW PAINT-CARPETS JUST CLEANED-CERAMIC TILE IN WET AREAS-CUT BERBER-BLACK APPLIANCES-LG PANTRY-NICE MASTER-2' BLINDS-COVERED PATIO-NEW NEIGHBORHOOD. JUST MOVE IN! openhouseok.com
Year
Property tax
Land + Additions
Assessment*
2025
$1,823 (+4.3%)
$2,160 + $17,109
$19,269
2024
$1,748 (+5.3%)
$2,160 + $16,548
$18,708
2023
$1,660 (+2.0%)
$2,160 + $16,003
$18,163
2022
$1,628 (+2.8%)
$2,160 + $15,474
$17,634
2021
$1,584 (+2.6%)
$2,160 + $14,960
$17,120
2020
$1,544 (+3.2%)
$2,160 + $14,462
$16,622
2019
$1,496 (+1.0%)
$2,160 + $13,977
$16,137
2018
$1,481 (+1.2%)
$2,160 + $13,508
$15,668
2017
$1,464 (+1.0%)
$2,160 + $13,051
$15,211
2016
$1,449 (+3.1%)
$2,160 + $13,051
$15,211
2015
$1,405 (+2.7%)
$2,160 + $12,878
$15,038
2014
$1,368 (+3.1%)
$2,160 + $12,015
$14,175
2013
$1,327
$2,160 + $12,015
$14,175
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,602 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,392
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,392
Year built
2004
Style
Single Family Residential
County
Canadian County
APN
090103114
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-1
Single-Family District
The principal use of land in the R-1 district is for single-family dwellings and related recreational, religious and educational facilities normally required to provide the basic elements of a balanced and attractive residential area. These areas are intended to be defined and protected from the encroachment of uses not performing a function appropriate to the residential environment. Internal stability, attractiveness, order and efficiency are encouraged by providing for adequate light, air and open space for dwellings and related facilities, and through consideration of the proper functional relationship of each element.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Public service
Educational/school
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Mustang, OK • 73064
Average low and high temperatures (°F)
48
26
58
34
73
47
74
55
80
60
88
70
91
73
89
71
86
64
80
57
65
44
56
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 516 S Castle Ridge Ln
$187,856
$44 under list price of $188K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $225K.