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$416,000

NAL Estimated Property Value

1668 Spinnaker Ln, Azle, TX, 76020

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.44 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringLaminate, None

Exterior

Exterior FeaturesRain Gutters, Playground
Lot Size14,797 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN30560-4-1
Lot Number1
SubdivisionOak Harbor Estates Addition
Land UseResidential
Legal DescriptionOAK HARBOR ESTATES ADDITION BLOCK 4 LOT 1
Census Tract114204
Assessed Land Value$85,000
Assessed Improvement Value$310,000
Assessment Year2025

About this property

Beautifully crafted, this custom-built home sits on an oversized corner lot, offering plenty of space and privacy. Step inside to discover the elegance of laminate flooring flowing seamlessly throughout the home. The presence of plantation shutters adds a touch of sophistication while allowing natural light to fill every room. With thoughtful updates throughout, like an induction cooktop, every corner of this home reflects a modern, yet timeless charm. The convenience of a screened garage facing the alley behind ensures effortless access and added security. Your private well allows for unlimited watering for the sprinkler system. The garage has 220 amps for added power, and wifi garage doors. As a bonus, the washer, dryer, refrigerator and security cameras will convey with the home. Enjoy the amenities of the neighborhood, including a community playground and boat dock. Don't miss out on the opportunity to own this exquisite home in sought-after Oak Harbor Estates.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$146,377Estimated Mortgage Balance
$269,623Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$218/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,921
$395,000
2025
$85,000
$310,000
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,921
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$149,000
Yes
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,377
$269,623
64%
35%
$894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,112/mo
+$848/mo
5.7%

City: Azle

1668 Spinnaker Ln | Property Details | No Agent List