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$321,000

NAL Estimated Property Value

1040 Hillwood Dr, Saginaw, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,853 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,571 sqft

Building Information

Year Built1993
Stories1
Garage Spaces2

Land Information

APN31805-22-15
Lot Number15
SubdivisionParkwest
Land UseResidential
Legal DescriptionPARKWEST BLOCK 22 LOT 15
Census Tract114006
Assessed Land Value$65,000
Assessed Improvement Value$253,542
Assessment Year2025

About this property

Welcome to this updated 3-bedroom, 2-bath home offering two spacious living areas, one on each level, providing flexible living options for relaxation, entertaining or work-from-home needs. Recent upgrades include a new roof, fresh interior paint, and new flooring. The kitchen features a breakfast area, breakfast bar, stainless steel appliances and a good amount of storage space. The primary suite includes an ensuite bath with dual sinks and a decorative tile walk-in shower. Upstairs, the large secondary living area offers excellent versatility as a game room, media room or playroom. Step outside to a generously sized backyard with a covered patio, ideal for outdoor gatherings and everyday enjoyment. Conveniently located with easy access to major highways, this home combines comfort, updates and convenience. *No cats please.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$197,073Estimated Mortgage Balance
$124,325Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,158
$318,542
2025
$65,000
$253,542
$318,542
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,158
$318,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$220,924
Yes
First
Nov 2, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,073
$123,927
38%
61%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,325/mo
+$1,385/mo
10.1%

City: Saginaw

1040 Hillwood Dr | Property Details | No Agent List