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A+
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$229,985

1648 Watauga Rd, Blue Mound, TX, 76131

SoldInfo
7/10/26
Beds3 Beds
Baths1 Bath
Baths1,287 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.55 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone
FlooringCarpet

Exterior

Lot Size8,621 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN37080-1-11
Lot Number11
SubdivisionSaginaw Park Addition
Land UseResidential
Legal DescriptionSAGINAW PARK ADDITION BLOCK 1 LOT 11
Census Tract114003
Assessed Land Value$40,000
Assessed Improvement Value$189,985
Assessment Year2025

About this property

***EXTREMELY MOTIVED SELLER, INVESTORS ONLY*** Great location off Blue Mound Rd, near Western Center, 820 and 35. Per the owner, this property could be zoned as commercial spot for a business. The property has great bones but will need everything. No appliances. Detached garage, and owner states the home has more square footage than what is listed on TAD. Buyer to verify all information. Showings only for one day, please reach out to agent for questions. Cash only. No blind offers.

Investor Tools

Property Icon
$229,985
Estimated Property Value
$0Estimated Mortgage Balance
$229,985Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$538
$229,985
2025
$40,000
$189,985
$229,985
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2025
$538
$229,985

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,985
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
N/A
+$2,670/mo
13.9%

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: Blue Mound

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1648 Watauga Rd | Property Details | No Agent List