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$1,332,884

124 N Broadway Rd, Azle, TX, 76020

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$419.08 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesDock, Storage
Lot Size1.16 acres

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APN3676-1-7
Lot Number7
SubdivisionBroadway North Addition
Land UseResidential
Legal DescriptionBROADWAY NORTH ADDITION BLOCK 1 LOT 7 1.223 AC
Census Tract114204
Assessed Land Value$555,153
Assessed Improvement Value$777,731
Assessment Year2025

About this property

Lakefront Living at Its Finest – Eagle Mountain Lake Retreat Nestled on 1.2 acres along the highly sought-after North Broadway Road, this exceptional lakefront home offers beautiful views of Eagle Mountain Lake and sits directly across from the Fort Worth Boat Club. Boasting over 100 feet of prime main-body shoreline, this property combines stunning natural beauty with lake living. Step inside to a bright, open-concept layout featuring spacious Living, Dining, and Kitchen areas, all thoughtfully designed to showcase the lake views. The kitchen features beautiful custom cabinetry, granite countertops, a large center island and Subzero refrigerator freezer. The main floor also offers a serene Primary Suite complete with a custom built cabinetry, a walk-in closet and ensuite bath. Enjoy peaceful mornings on the covered patio just a step away! Upstairs, you’ll find three inviting bedrooms, one features a walk in closet and ensuite bath. One is a generously sized room currently used as a family room, but would make a great bunkroom! All offer access to the upstairs balcony! The gated circular driveway leads to an oversized RV and boat barn.....perfect for storing all of your toys.... a garden area with a well, and a greenhouse—ideal for hobbyists and outdoor enthusiasts alike. The private dock offers excellent lake access, with a water depth of approximately 10 feet at conservation levels, deepening quickly to around 20 feet. Whether you're searching for a full-time residence, a weekend lake retreat or an investment opportunity for a VRBO, this home offers serenity, space, and a lifestyle you’ll treasure for years to come. Seller is offering a $10,000 alowance for downstairs flooring.

Investor Tools

Property Icon
$1,332,884
Estimated Property Value
$800,000Estimated Mortgage Balance
$541,033Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,997 /month
Positive
Cash Flow Estimate:
$2,666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,157
$1,332,884
2025
$555,153
$777,731
$1,332,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,157
$1,332,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Commercial
$800,000
No
First
Oct 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$791,851
$541,033
40%
59%
$4,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$4,797/mo
$-3,207/mo
1.4%

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: Azle

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124 N Broadway Rd | Property Details | No Agent List