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$161,000

NAL Estimated Property Value

1642 Highland Circle, Springtown, TX, 76082

Off MarketInfo
Baths0 Bath
Baths1,064 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.06 acres

Land Information

APN10105-001-009-00
Lot Number9
SubdivisionAlta Vista
Land UseResidential
Legal DescriptionACRES: 1.060 LOT: 9 SUBD: ALTA VISTA
Census Tract140409
Assessed Land Value$94,610
Assessed Improvement Value$3,110
Assessment Year2025

About this property

Nice fenced acre lot with mobile home that has no value. Property has equipment shed or could be horse stalls in the fenced area behind the mobile home. Property is co-op water, with septic and electricity on property. This property is mobile ready for another mobile. Located minutes from Highway 199 makes it easy to get to any major highway to get to the DFW, Weatherford or Decatur areas. This is a very nice acre lot. Due to climate conditions all offers to be in by Tuesday at 5 PM.

Investor Tools

Property Icon
$161,000
Estimated Property Value
$86,939Estimated Mortgage Balance
$74,061Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$565
$97,720
2025
$94,610
$3,110
$97,720
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$565
$97,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benjamin Padilla
Stand Alone Second / Subordinate Position
$92,000
No
First
May 15, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,939
$74,061
46%
54%
$552/mo

Learn About the Market: Opportunity in Texas

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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: Springtown

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