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$392,760

NAL Estimated Property Value

120 Ellis Farm Rd, Hewitt, TX, 76643

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.68 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesDog Run, Fire Pit, Garden
Lot Size9,322 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362231050001060
Lot Number6
SubdivisionEllis Farms Addn
Land UseResidential
Legal DescriptionELLIS FARMS ADDN LOT 6 BLOCK 1 ACRES .214
Census Tract003708
Assessed Land Value$52,200
Assessed Improvement Value$340,560
Assessment Year2025

About this property

Nestled in a peaceful and highly sought-after neighborhood in Hewitt, TX, this exceptional 4-bedroom home offers the perfect blend of luxury, comfort, and efficiency. Located in the highly rated Midway ISD, with access to the district’s newest elementary school, Park Hill, this home is ideal for families seeking top-tier education and a serene living environment. Step inside to discover exquisite hand-scraped wood flooring, complemented by large tile in wet areas and plush carpeting in three of the bedrooms. Each spacious bedroom boasts a walk-in closet, providing ample storage. The wood-paneled tray ceilings in both the living room and master suite add an extra touch of elegance. The master bath is a true retreat, featuring dual vanities, a tiled walk-in shower, and a walk-in jetted tub for ultimate relaxation. Venture outside to find your private backyard oasis—an entertainer’s dream! The oversized covered patio is equipped with a fireplace, TV, and stained privacy fence, making it the perfect spot for year-round enjoyment. Additional highlights include a storage shed and a gated outdoor storage area at the end of the driveway for added convenience. Designed with energy efficiency in mind, this home features spray foam insulation and double-pane windows, ensuring comfort and lower utility costs. From thoughtful design to top-quality finishes, no expense was spared when building this home. If you’re looking for a meticulously maintained, move-in-ready home with exceptional features, this is the one! Schedule a tour today and experience it for yourself.

Investor Tools

Property Icon
$392,760
Estimated Property Value
$388,044Estimated Mortgage Balance
$4,716Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,053
$392,760
2025
$52,200
$340,560
$392,760
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,053
$392,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$395,000
Yes
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,044
$4,716
1%
99%
$2,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$2,369/mo
$-589/mo
5.4%

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: Hewitt

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120 Ellis Farm Rd | Property Details | No Agent List