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$301,000

1245 King Dr, Bedford, TX, 76022

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.3 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,546 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN40470-4-2
Lot Number2
SubdivisionStonegate Addition-Bedford
Land UseResidential
Legal DescriptionSTONEGATE ADDITION-BEDFORD BLOCK 4 LOT 2
Census Tract113607
Assessed Land Value$65,000
Assessed Improvement Value$223,523
Assessment Year2025

About this property

Discover your own private oasis in this beautifully remodeled 3-bedroom, 3-bathroom brick home with a 2-car garage. Nestled among towering trees, this home offers the peaceful feel of living in a forest while being conveniently located just minutes away from schools, parks, shopping, dining and major highways. Enjoy stunning sunsets from your cozy front porch as you sip your favorite drink and greet friendly neighbors walking their dogs. Inside, the open-concept living space is warm and inviting, featuring durable LVP flooring throughout the main areas and plush carpeting in the bedrooms. The modern kitchen is a chef’s dream with quartz countertops, a gas cooktop range, and a large island perfect for entertaining. A versatile flex room off the kitchen, with glass doors overlooking the huge backyard, can be used as a formal dining room, guest room, or study. Two of the bedrooms offer private ensuite bathrooms, providing comfort and privacy for family and guests. After a long day, pull into your very own 2-car garage and unwind in the tranquility of your backyard surrounded by nature. Major upgrades include all PVC plumbing from the house to the city, windows, water heater, HVAC system, and LVP flooring. Additional updates include interior and exterior paint (2021), 2 garage doors and openers, an updated electrical panel (2022), roof, gutters, and attic insulation, plantation shutters (2023). This home is truly move-in ready — don’t miss your chance to make it yours!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$295,850Estimated Mortgage Balance
$10,360Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,381
$288,523
2025
$65,000
$223,523
$288,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,381
$288,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Conventional
$295,850
No
First
May 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,640
$10,360
3%
97%
$1,774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,774/mo
+$226/mo
8.0%

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: Bedford

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1245 King Dr | Property Details | No Agent List