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$399,900

1604 Martha Dr, Bedford, TX, 76022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.4 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

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, Refrigerator
FlooringCarpet, Laminate, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size29,185 sqft

Building Information

Year Built1974
Garage Spaces2

Land Information

APN22420----3---12---20
Lot Number12
SubdivisionKelmont Park Addition
Land UseResidential
Legal DescriptionKELMONT PARK ADDITION BLOCK 3 LOT 12 & ABSTRACT 1664 TRACT 3A01C
Census Tract113618
Assessed Land Value$75,000
Assessed Improvement Value$230,827
Assessment Year2025

About this property

Looking for an oasis of your own? This home was like a mini resort in its glory! Needs a little elbow grease and cosmetic updating, but you won’t find a better built home on a huge lot (.67 acre) with woods deep enough to enjoy, a fabulous pool, gazebo with fan & electric outlets, huge shed with water spigots nearby, gated parking. Inside: Gorgeous, high end kitchen renovation! 4 bedrooms, 3 baths, 2 car garage. One bed-bath combo is on the other side of the home with its own entrance to the garage. That could be in-law suite or even rented out. Separate dining room with glass doors is big enough for a banquet style setup, 2nd living, or home office. Plantation shutters & so many more features. Roof just installed! HVAC @3 years old. (Please ignore the clutter as owner is prepping for an estate sale for contents.) BE SURE TO click the VIRTUAL TOUR link for a full, 3D virtual walkthrough. You can look up at ceilings, down at floors, and move throughout as if you are there.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$427,500Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,264
$305,827
2025
$75,000
$230,827
$305,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,264
$305,827

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$427,500
No
First
Aug 27, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,125
N/A
0%
101%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,564/mo
$-564/mo
5.9%

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: Bedford

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1604 Martha Dr | Property Details | No Agent List