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$359,690

138 Quail Lake Dr E, Whitney, TX, 76692

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.74 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater

Exterior

Private PoolPrivate Pool
Lot Size1.08 acres

Building Information

Year Built1980
Garage Spaces2

Land Information

APN129619
Lot Number1
SubdivisionJoseph Punchard Survey Abstract No
Land UseResidential
Legal DescriptionQUAIL LAKE EST LT 1 & 1A-1
Census Tract960502
Assessed Land Value$27,150
Assessed Improvement Value$332,540
Assessment Year2025

About this property

HUD #513-141151. Searching for a property near all the recreational opportunities on Lake Whitney? Well you've found it at 138 Quail Lake Drive East! You'll have plenty of room to sprawl out and bring all your lake toys. This property features a main house of three bedrooms and two baths with two garage spaces, plus an attached 2 car carport. Immediately next to the house there is a metal building with a living area and a large storage or shop area. Add in a backyard gazebo, two additional storage buildings, and an in-ground pool and you'll have everything you need for recreation or any projects you're working on! Inside the main home you'll find recently updated flooring throughout, an open kitchen, a large living room with sliding glass doors leading to the backyard, and a corner wood burning fireplace. Relax in the primary suite with en suite bath. Entertain guests in the separate metal building and work on all your projects in the workshop. You'll get all this plus be just a few minutes from Lake Whitney and all the recreation it offers! Come and see it today! Go to HUDHOMESTORE.gov, property #513-141151 for more information. Managed by Raine & Company LLC, www.RaineCompany.com. Available to owner occupants, non-profits, and government entities only until July 28, 2025 11:59:59PM CDT.

Investor Tools

Property Icon
$359,690
Estimated Property Value
$228,000Estimated Mortgage Balance
$121,924Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,158 /month
Positive
Cash Flow Estimate:
$719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,145
$359,690
2025
$27,150
$332,540
$359,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,145
$359,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Fha
$12,311
Yes
First
Nov 8, 2023
Nov 2063

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,766
$121,924
33%
66%
$1,441/mo

Learn About the Market: Opportunity in Texas

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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: Whitney

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138 Quail Lake Dr E | Property Details | No Agent List