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$158,000

NAL Estimated Property Value

1621 Mockingbird Ln, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
price_per_sqft$123.36 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet

Building Information

Year Built1995

Land Information

APN32060C--19---13---80
Lot Number13
SubdivisionPelican Bay Addition
Land UseMobile Home
Legal DescriptionPELICAN BAY ADDITION BLOCK 19 LOT 13 1995 REDMAN 16 X 76 LB# TEX0542896 TRINITY
Census Tract114203
Assessed Improvement Value$25,568
Assessment Year2023

About this property

Buyer's financing fell through, PROPERTY SOLD AS IS. The property already has appraised at $150,000 for a FHA loan. This property has gorgeous trees and backs up to the woods, lots of wildlife. No houses behind at all. House sits at the end of a culdesac. Very private and quiet with good neighbors. It is walking distance to Eagle Mountain Lake, the pier, boat launch and the swimming beach and picnic area. There is a children's park up the street. Newly painted with three bedrooms two updated bathrooms, split floor plan and an extra room that can be made as an office, exercise room or anything that can be desired. Plenty of room for a boat or an RV and has a storage shed. The house has new insulation and critter barrier so nothing can get under the house. There is a transferrable warranty for the critter control as well. Enjoy wildlife right outside. This is country living close to town! Motivated seller due to moving out of state.

Investor Tools

Property Icon
$158,000
Estimated Property Value
$0Estimated Mortgage Balance
$158,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$550
$25,568
2023
N/A
$25,568
$25,568
No

Tax History

Year
Tax Paid
Assessed Value
2023
$550
$25,568

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
N/A
+$1,200/mo
9.1%

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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1621 Mockingbird Ln | Property Details | No Agent List