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$288,000

1116 Edgewater Dr, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.73 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,885 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN1169M-A-9
Lot Number9
SubdivisionAshwood Park
Land UseResidential
Legal DescriptionASHWOOD PARK BLOCK A LOT 9
Census Tract114204
Assessed Land Value$55,000
Assessed Improvement Value$191,564
Assessment Year2025

About this property

This is the home that makes Model Homes Jealous! This beautifully kept and maintained 3 bedroom,2 bath,office or flex room will make you smile! It has a wonderful open floor plan. You walk into this inviting home and the first thing you will notice is the extended and upgraded foyer. The hallway leading to the living area and kitchen is beautifully done in this floor plan. The living room,kitchen and dining are all included in this open concept floor plan with wonderful windows for the enjoying natural light and the views in the back yard. The Master Bedroom and Bath have been well maintained and are immaculate. Home is in a wonderful neighborhood with community pool. Don't miss out on this stunning home!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$172,400Estimated Mortgage Balance
$135,147Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,476
$246,564
2025
$55,000
$191,564
$246,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,476
$246,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage Firm Inc
Conventional
$172,400
No
First
Jul 17, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,853
$135,147
46%
53%
$1,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,474/mo
+$116/mo
6.6%

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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1116 Edgewater Dr | Property Details | No Agent List