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$601,000

106 Observation Dr W, Aledo, TX, 76008

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.41 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,231 sqft

Building Information

Stories2
Garage Spaces2

Land Information

APNR000116797
Lot Number5
SubdivisionParks Of Aledo Bluffs
Land UseResidential
Legal DescriptionACRES: 0.166 LOT: 5 BLK: C SUBD: PARKS OF ALEDO BLUFFS PC E-706
Census Tract140707
Assessed Land Value$75,000
Assessed Improvement Value$520,000
Assessment Year2025

About this property

Why wait to build when you can move into this like-new Clarity Home, built in 2023 and loaded with upgrades—plus the peace of mind of remaining builder warranties. Backing to a greenbelt and walking path in the heart of Parks of Aledo Bluffs, this spacious 4-bedroom, 3-bath home includes a rare upstairs office nook, offering even more flexible space. Downstairs features a private guest suite with full bath, open-concept kitchen with stainless appliances and an oversized eat-in island, and a spacious living area with a painted brick fireplace. Designer lighting, thoughtful accents, and granite countertops in the primary bath elevate the style throughout. Upstairs, you’ll find a game room, cute reading nook, two secondary bedrooms, a full bath, and the added office space—ideal for working from home, hobbies, or homework zones. The fully landscaped yard is already established, offering privacy and ease of maintenance—perfect for relaxing or entertaining outdoors. Energy-efficient features include high R value insulation, smart thermostats, LED lighting, and more. This turnkey home truly blends modern comfort with custom touches—and with one of the best lots in the neighborhood, it’s an opportunity you don’t want to miss. Homes with this layout, lot, and level of finish are rare—schedule your showing before it’s gone!

Investor Tools

Property Icon
$601,000
Estimated Property Value
$568,579Estimated Mortgage Balance
$39,051Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$595,000
2025
$75,000
$520,000
$595,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$595,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$568,579
Yes
First
Sep 8, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$561,949
$39,051
6%
94%
$3,409/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: Aledo

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106 Observation Dr W | Property Details | No Agent List