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$554,000

NAL Estimated Property Value

1048 Horizon Trace Dr, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,329 Sq Ft
price_per_sqft$209.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1 acre

Building Information

Year Built2020
Garage Spaces3

Land Information

APN14688-001-048-00
Lot Number48
SubdivisionLost Horizon Estates
Land UseResidential
Legal DescriptionACRES: 1.000 LOT: 48 BLK: 1 SUBD: LOST HORIZON ESTATES PC E-486
Census Tract140413
Assessed Land Value$85,000
Assessed Improvement Value$457,056
Assessment Year2025

About this property

Imagine spending quality time with your family in this lovely single-story home in Azle, Texas! This house has it all—3 bedrooms, 2.5 bathrooms, and a separate office space. Enjoy the sophistication of an open floor plan perfect for entertaining or unwinding. Situated on a large 1-acre lot, this property offers peace and quiet. The entire acre is covered in water sprinklers, making landscaping easier. The oversized spacious 3-car garage has plenty of storage, and the kitchen has electric appliances that can be gas-plumbable for more flexibility. Pull-out cabinets, a spice rack, and a baking space cupboard make organization effortless. Energy efficiency is further ensured by the spray foam insulation in the attic. Finally, additional benefits include this property's location outside the city limits and no HOA. Home is still under WARRANTY! Don't miss the opportunity to own this ideal balance of convenience and comfort in a highly sought-after neighborhood!

Investor Tools

Property Icon
$554,000
Estimated Property Value
$433,624Estimated Mortgage Balance
$120,376Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,324 /month
Positive
Cash Flow Estimate:
$1,108 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$890/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$542,056
2025
$85,000
$457,056
$542,056
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$542,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Va
$441,397
Yes
First
May 13, 2025
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,624
$120,376
21%
78%
$2,647/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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1048 Horizon Trace Dr | Property Details | No Agent List