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$197,576

NAL Estimated Property Value

1628 Watauga Road, Blue Mound, TX, 76131

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.88 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone
FlooringCeramic Tile

Exterior

Lot Size9,126 sqft

Building Information

Year Built1959
Stories1
Garage Spaces1

Land Information

APN37080-1-6
Lot Number6
SubdivisionSaginaw Park Addition
Land UseResidential
Legal DescriptionSAGINAW PARK ADDITION BLOCK 1 LOT 6
Census Tract114003
Assessed Land Value$40,000
Assessed Improvement Value$157,576
Assessment Year2025

About this property

15 miles to Downtown Fort Worth! 13 Miles from Alliance Airport with easy access to Loop 820 and I-35 W. Minutes from Meacham Airport, Restaurants, Shopping, Movies and more! 1-story home with ceramic tile throughout and a gorgeous tiled shower. Homesite has lots of trees & on a large lot. Large kitchen and dining area plus a nice sized living room.The 1 car garage is a bonus too! Wonderful, highly rated school district.Perfect opportunity to stop paying rent and own your first home. No HOA, fully fenced yard. Foundation work is complete with transferrable warranty and new sewer plumbing installed. This location and property can rent for over $1200 a month, great investment or perfect for a first time homebuyer

Investor Tools

Property Icon
$197,576
Estimated Property Value
$103,735Estimated Mortgage Balance
$93,841Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,185 /month
Positive
Cash Flow Estimate:
$395 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,841
$197,576
2025
$40,000
$157,576
$197,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,841
$197,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$117,000
No
First
Jul 17, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,735
$93,841
47%
53%
$702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$702/mo
+$1,968/mo
16.2%

City: Blue Mound

1628 Watauga Road | Property Details | No Agent List