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$749,900

119 Rasha Drive, Azle, TX, 76020

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.64 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Water Softener
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Garden
Lot Size2 acres

Building Information

Year Built2017
Garage Spaces2

Land Information

APN11774-006-013-00
Lot Number13R
SubdivisionDeer Ridge Estates
Land UseResidential
Legal DescriptionACRES: 2.000 LOT: 13R BLK: 6 SUBD: DEER RIDGE ESTATES
Census Tract140414
Assessed Land Value$155,000
Assessed Improvement Value$535,370
Assessment Year2025

About this property

Built in 2018, this custom brick-and-stone home sits at the end of a quiet cul-de-sac on a private, heavily wooded 2-acre lot in the gated community of Deer Ridge Estates. Mature oaks, natural privacy, and a backyard that feels less like a subdivision and more like a private park. This single-story home features a thoughtful 2,922 sq ft open floor plan (4,064 sq ft under roof), vaulted wood-beam ceilings, hardwood floors, and large windows that bring the outdoors in. The family room opens to a chef’s kitchen with custom cabinetry, granite island with bar seating, Thermador six-burner gas cooktop, and high-end stainless appliances. A dedicated study sits off the foyer, and the formal dining room with tray ceiling currently serves as a second office—ideal for two work-from-home setups. One of the three bedrooms is accessed through a hidden bookcase wall, a memorable architectural detail. An oversized bonus room with wraparound windows and treetop views flexes as a media room, gym, or rec space. The spacious primary suite includes a private bath with dual vanities, walk-in shower, and generous storage. The attached 3-car garage offers room for vehicles, tools, and workspace. Outside, a freeform pool with a wading shelf, built-in table, and bench seating sits beneath a canopy of mature oaks. The covered patio extends the living space outdoors, and the fully fenced yard gives pets room to roam. A standout feature is the detached brick-and-stone shop, which matches the home’s exterior. It includes its own garage door, separate entrance, epoxy floors, and dedicated storage—ideal for equipment, hobbies, projects, or workshop use. Minutes from Azle for groceries, dining, and shopping. Eagle Mountain Lake and the Fort Worth Nature Center are nearby; Hudson Oaks and Willow Park—including Costco and H-E-B—are 20–25 minutes south. Downtown Fort Worth and the historic Stockyards are about 30 minutes away.

Investor Tools

Property Icon
$690,370
Estimated Property Value
$0Estimated Mortgage Balance
$306,959Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,499 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Angela Stephens

6th Ave Homes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$690,370
2025
$155,000
$535,370
$690,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$690,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red Diamond Home Loans Llc
Conventional
$426,400
No
First
Mar 8, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,411
$306,959
44%
56%
$2,557/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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