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$238,180

NAL Estimated Property Value

141 N Melanie Dr, Azle, TX, 76020

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,212 Sq Ft
price_per_sqft$158.42 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringTile, Vinyl

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN19005-001-001-70
Lot Number1N
SubdivisionWalnut
Land UseResidential
Legal DescriptionLOT: 1N BLK: 1 SUBD: WALNUT CREEK ADDITION
Census Tract140412
Assessed Land Value$65,000
Assessed Improvement Value$173,180
Assessment Year2025

About this property

MOTIVATED SELLER! Absolutely stunning and phenomenally priced 2 bed, 2 bath, 2 car garage brick build sitting on almost a half of an acre! At this price point and quality it's going to be extremely hard to find anything else in the Azle Market that will compare. Quaint, quiet, and close to park amenities this home has much to offer. The solar panels are on a lease for 25 years - the monthly cost is $242.64 a month, but gives the homeowner tax credits, and helps offset a lot of his energy bills. Don't miss out on this one while it's here! MUST CLOSE AT CAPITAL TITLE IN DALLAS - Escrow Officer Kris Stokes.

Investor Tools

Property Icon
$238,180
Estimated Property Value
$192,322Estimated Mortgage Balance
$45,858Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,429 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$238,180
2025
$65,000
$173,180
$238,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$238,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$195,472
Yes
First
Jun 4, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,322
$45,858
19%
81%
$1,172/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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