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$456,000

NAL Estimated Property Value

1509 Spinnaker Ln, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.6 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size11,247 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN30560-13-7
Lot Number7
SubdivisionOak Harbor Estates Addition
Land UseResidential
Legal DescriptionOAK HARBOR ESTATES ADDITION BLOCK 13 LOT 7
Census Tract114204
Assessed Land Value$85,000
Assessed Improvement Value$285,286
Assessment Year2025

About this property

Located in the wonderful Oak Harbor Lake community, this 3-bedroom, 2-bath home is full of character and beautiful details. The master suite offers the ultimate in comfort—like living in the lap of luxury. The entire upstairs, accessible by dual staircases, is a versatile space you can transform into whatever your heart desires—additional bedrooms, a game room, a studio, or more. This home is perfect for entertaining, featuring a charming coffee and tea bar and a backyard with a beautiful deck setting. There’s also a storage shed for added convenience. Enjoy all the community has to offer, including lake access, a playground, and a dock—all included in the HOA. Come take a look and feel lucky to call this unique home yours!

Investor Tools

Property Icon
$456,000
Estimated Property Value
$406,958Estimated Mortgage Balance
$49,042Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,224
$370,286
2025
$85,000
$285,286
$370,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,224
$370,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$439,890
Yes
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,958
$49,042
10%
89%
$2,638/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,938/mo
$-1,348/mo
4.2%

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.

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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: Azle

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1509 Spinnaker Ln | Property Details | No Agent List