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$272,000

NAL Estimated Property Value

1520 Westminister Ave, Wolfforth, TX, 79382

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,877 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.22 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,736 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR305041
Lot Number940
SubdivisionPreston Estates
Land UseResidential
Legal DescriptionPRESTON ESTATES L 94
Census Tract010419
Assessed Land Value$54,000
Assessed Improvement Value$202,941
Assessment Year2025

About this property

$4500 Price Reduction!! $10,000 below LCAD appraisal! One Owner Home!! Cute and cozy in Preston Estates under $200K! * 3/2/2 with side entry garage * Large backyard w/ storage bldg * Formal dining which can be used as a second living area/gameroom * Kitchen w/ walk-in pantry * Large master suite w/ sitting area, separate tiled shower and tub, double sinks and walk-in closet * Laminate and tile flooring throughout except in two bedrooms * House is on a corner lot w/ greenbelt area on one side * New roof in the past year * Outside trim painted * Sprinkler system * Alarm system * Frenship ISD.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$313,651Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,411
$256,941
2025
$54,000
$202,941
$256,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,411
$256,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Inc
Fha
$257,254
Yes
First
Nov 21, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,651
N/A
0%
115%
$2,006/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,006/mo
$-476/mo
6.8%

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: Wolfforth

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1520 Westminister Ave | Property Details | No Agent List