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$166,893

NAL Estimated Property Value

17 Underwood Dr, Huntsville, TX, 77340

$216,961 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$61.33 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range
FlooringLaminate, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1.20 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38179
Lot Number6
SubdivisionWatson Lake - Sec 2
Land UseResidential
Legal DescriptionWATSON LAKE - SEC 2, BLOCK 7, LOT 6, ACRES 1.2022
Census Tract790200
Assessed Land Value$47,500
Assessed Improvement Value$122,940
Assessment Year2025

About this property

DIAMOND IN THE ROUGH WAITING FOR YOUR PERSONAL TOUCH! THIS CUTE 3/2 NEEDS WORK TO MAKE IT REACH ITS FULL POTIENITAL. NESTLED ON A BEAUTIFUL 1.2 ACRE LOT IN WATSON LAKE THAT BACKS UP TO THE NATIONAL FOREST! THIS SUBDIVISION IS LOCATED JUST EAST OF HUNTSVILLE IN THE QUAINT PHELPS COMMUNITY. THE HOME BOASTS A SPACIOUS LIVING ROOM, LARGE FORMAL DINING AREA, ROOMY KITCHEN WITH BREAKFAST BAR & PANTRY, BIG PRIMARY SUITE WITH WALK IN CLOSET, TWO VERY SPACIOUS SPARE BEDROOMS WITH TONS OF CLOSET SPACE, & AN INSIDE UTILITY ROOM! ONE BEDROOM APPEARS TO BE LARGE ENOUGH TO CONVERT INTO TWO BEDROOMS TO MAKE THIS A FOUR BEDROOM HOME! THE EXERIOR FEATURES COVERED FRONT AND BACK DECKS, TWO GREAT STORAGE BUILDINGS, FIREPIT, AND AN ABOVE GROUND POOL! THE HOME ALREADY HAS SOME RECENT UPDATES LIKE LIGHT FIXTURES, RANGE, AND TOILETS! LOW TAX RATE, NO MUD DISTRICT, NO FLOODPLAIN, & NO HOA!

Investor Tools

Property Icon
$166,893
Estimated Property Value
$43,840Estimated Mortgage Balance
$123,053Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$216,961
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,001 /month
Positive
Cash Flow Estimate:
$334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,425
$166,893
2025
$47,500
$122,940
$170,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,425
$166,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Warren G Neville Etal
Seller Carryback / Seller Financing / Seller Take-Back
$50,174
No
First
Dec 6, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,840
$123,053
73%
26%
$301/mo

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: Huntsville

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17 Underwood Dr | Property Details | No Agent List