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B+
NoAgentList RatingHow are grades calculated? Info

$215,000

127 Enchanted Lakes Dr, Azle, TX, 76020

$215,837 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,536 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$139.97 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Land Information

APN12125-001-006-00
Lot Number6
SubdivisionEnchanted Lakes
Land UseResidential
Legal DescriptionLOT: 6 7 8 BLK: 1 SUBD: ENCHANTED LAKES PC A-362/37
Census Tract140415
Assessed Land Value$90,000
Assessed Improvement Value$148,700
Assessment Year2025

About this property

This beautiful newly updated house is ready for a new family! Located on a beautiful corner lot with 2 additional lots, all-new doors, new plumbing, updated electrical, 2 year old roof, granite counter tops, stainless steel appliances, subway title backsplash, updated ceiling fans, new flooring throughout, and re build front deck, this one has so much to offer. As you walk into the living room, the large windows allow plenty of natural light, the open concept is inviting along with the wood burning fire place. Leading into the spacious kitchen and dining room, you have a wonderful view to the back patio. This charming home is perfect for those who like to entertain or enjoy quiet evenings on the porch. Shops are also allowed, and it comes with three lots! Come check it out!

Investor Tools

Property Icon
$238,700
Estimated Property Value
$219,000Estimated Mortgage Balance
$31,747Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$215,836
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,432 /month
Positive
Cash Flow Estimate:
$477 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$238,700
2025
$90,000
$148,700
$238,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$238,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$219,000
Yes
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,953
$31,747
13%
87%
$1,314/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.

Explore Texas Explore This Area
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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127 Enchanted Lakes Dr | Property Details | No Agent List