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$833,000

103 Iron Horse Ct, Azle, TX, 76020

PendingInfo
Beds5 Beds
Baths4 Bath
Baths3,090 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.58 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3.5Bathrooms 3.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size2.50 acres

Building Information

Year Built1998
Stories1
Garage Spaces3

Land Information

APN16580-002-008-00
Lot Number8
SubdivisionReata
Land UseResidential
Legal DescriptionACRES: 2.500 LOT: 8 BLK: 2 SUBD: REATA
Census Tract140414
Assessed Land Value$178,130
Assessed Improvement Value$660,530
Assessment Year2025

About this property

Welcome to 103 Iron Horse Court, set on 2.5 acres of beautifully treed, park-like land. This exceptional estate offers privacy, space, and thoughtful upgrades in a peaceful country setting. Positioned on a corner cul-de-sac lot in a gated community, the property blends everyday comfort with functionality you rarely find. Inside, the home features an open, well-designed layout with hardwood flooring, granite countertops, and stainless steel appliances. The flexible floor plan includes five bedrooms, with a true owner’s suite on the main level showcasing an updated spa-style bath with separate glass shower. A second downstairs bedroom provides ideal use as a guest suite or multi-generational space. A second living space and office complete the naturally lit downstairs space. Many updates including Govee outdoor lighting, paint, countertops, interior lighting, garage has a tornado shelter and shop is plumbed out. The backyard is the true showstopper. Surrounded by mature trees, the setting feels private and serene, complete with a covered patio, pool spa combo and room to relax, entertain, or expand. A detached, fully insulated workshop with 220 amp service offers endless possibilities for hobbies, storage, complemented by generous driveway parking and durable, low-maintenance three-board vinyl fencing throughout the property. This is a rare opportunity to own a meticulously maintained property where land, upgrades, and versatility come together effortlessly.

Investor Tools

$661,384Estimated Mortgage Balance
$184,871Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,064 /month
Positive
Cash Flow Estimate:
$1,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,372/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$838,660
2025
$178,130
$660,530
$838,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$838,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$697,500
No
First
Aug 14, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$661,384
$188,616
22%
78%
$4,182/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Azle

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