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$378,000

NAL Estimated Property Value

1420 Meadowlakes Drive, Azle, TX, 76020

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.22 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Lot Size8,625 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN3601A-8-6
Lot Number6
SubdivisionBristol Farm Addition
Land UseResidential
Legal DescriptionBRISTOL FARM ADDITION BLOCK 8 LOT 6
Census Tract114204
Assessed Land Value$60,000
Assessed Improvement Value$310,559
Assessment Year2025

About this property

Discover a well-updated 4-bedroom, 2.5-bath home at 1420 Meadowlakes Dr offering 2,775 square feet of flexible living space in an established Azle neighborhood. Built in 2006, this move-in ready property blends modern system upgrades with an open, light-filled layout designed for today’s living and entertaining needs. The main level features a spacious living area that flows seamlessly into the kitchen and dining spaces, creating a connected environment ideal for everyday use or hosting. Large windows throughout the home invite abundant natural light, enhancing the sense of openness and highlighting the interior finishes. The primary suite is conveniently located on the first floor, providing a private retreat with separation from secondary bedrooms. Upstairs, multiple bonus areas offer versatile options for a home office, additional living space, media room, or hobby room, giving buyers flexibility to personalize the layout. A well-placed powder bath on the main level adds convenience for guests and daily use. Recent improvements add significant value and peace of mind, including both HVAC systems replaced in October 2024, a roof installed in 2021, and a whole-house surge protector added in 2022. Interior paint and all carpeting were also updated in 2022, contributing to a clean, refreshed feel throughout the home and reducing immediate maintenance needs. The backyard provides space for outdoor enjoyment along with room for seating or future enhancements. Located with easy access to TX-199, shopping, and local amenities, this property offers a strong combination of condition, space, and location. Ideal for buyers searching for an updated Azle home with primary suite downstairs, bonus rooms, natural light, and recent major system upgrades. Washer, dryer, and refrigerator can convey with property. Seller is offering $5,000 in concessions toward buyer closing costs.

Investor Tools

Property Icon
$378,000
Estimated Property Value
$206,608Estimated Mortgage Balance
$171,392Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,151
$370,559
2025
$60,000
$310,559
$370,559
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,151
$370,559

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Redfin Mortgage Llc
Conventional
$225,400
No
First
Dec 7, 2021
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,608
$171,392
45%
55%
$1,352/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,352/mo
+$608/mo
6.2%

City: Azle

1420 Meadowlakes Drive | Property Details | No Agent List