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$274,990

NAL Estimated Property Value

131 Patricia Dr, Hewitt, TX, 76643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.67 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size17,080 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363210000054006
Lot Number10
SubdivisionHillside
Land UseResidential
Legal DescriptionHILLSIDE LOT 10 BLOCK 3 ACRES .3921
Census Tract003709
Assessed Land Value$33,480
Assessed Improvement Value$241,510
Assessment Year2025

About this property

Nestled on a spacious corner lot in the highly sought-after Midway ISD, this well-maintained 3-bedroom, 2-bath home offers comfort, character, and an incredible opportunity to make it your own. Situated on nearly .40 acres, the property features a large backyard with plenty of room for entertaining, gardening, pets, play, or future outdoor enhancements, along with a storage shed for added convenience. Inside, you'll find a generous living room highlighted by a vaulted ceiling with exposed wood beams and a cozy fireplace, creating a warm and inviting space for gathering with family and friends. The functional floor plan offers spacious bedrooms, ample storage, and a solid foundation for today's lifestyle. Major updates have already been completed, including a new HVAC system with both indoor and outdoor units installed in 2022 and a new water heater in 2025, providing valuable peace of mind for the next owner. Lovingly cared for over the years, this home offers the perfect canvas for modern updates and personal touches while retaining the charm and quality that make established homes so appealing. Whether you're looking for your first home, your forever home, or an opportunity to create something uniquely yours, this property combines location, space, and potential in one of the area's most desirable school districts.

Investor Tools

Property Icon
$274,990
Estimated Property Value
$30,188Estimated Mortgage Balance
$244,869Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$274,990
2025
$33,480
$241,510
$274,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$274,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Open End Mortgage / Open End With Future Advance Clause
$35,000
No
First
Aug 30, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,188
$253,812
89%
11%
$210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$210/mo
+$1,510/mo
7.5%

City: Hewitt

131 Patricia Dr | Property Details | No Agent List