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$231,000

NAL Estimated Property Value

121 Parker Drive, Bowie, TX, 76230

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,286 Sq Ft
price_per_sqft$153.97 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven
FlooringLaminate

Building Information

Year Built1960

Land Information

APNR000002074
Lot Number6,7
SubdivisionParker Drive S/D
Land UseResidential
Legal DescriptionLOTS 6 & 7 BLK 1 PARKER DRIVE S/D
Census Tract950501
Assessed Land Value$18,070
Assessed Improvement Value$179,290
Assessment Year2025

About this property

Nestled within the city limits, this property offers the perfect blend of country charm and urban convenience. As you step inside, you'll be welcomed by a warm and inviting atmosphere that makes this house feel like home. This spacious layout includes 3 bedrooms, 2 bathrooms with recent upgrades including abundant kitchen cabinetry. Enjoy evening sunsets underneath the front covered porch. Upgrades to this home include fresh paint to exterior trim and primary bedroom, along with new roof installed in 2020, paired with insulated windows, and mini split system ensures efficient cooling throughout the sweltering Texas summers. Outside, you'll enjoy the peace and tranquility of a rural setting while still being close to downtown restaurants. The backyard is home to beautiful Bradford Pear & Red Oak trees, providing shade and an ideal setting for relaxation. The rear of the home has an attached carport with 2 closets ideal for storage. Discover your perfect retreat today!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$191,160Estimated Mortgage Balance
$39,840Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$979
$197,360
2025
$18,070
$179,290
$197,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$979
$197,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Usda
$197,020
Yes
First
Sep 27, 2024
Sep 2057

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,160
$39,840
17%
83%
$1,182/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: Bowie

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121 Parker Drive | Property Details | No Agent List