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$279,385

NAL Estimated Property Value

2 Commodore Dr, Belton, TX, 76513

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,647 Sq Ft
price_per_sqft$156.34 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Water Heater, Range
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio
Lot Size19,733 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN116954
Lot Number1A
SubdivisionCommodore Replat
Land UseResidential
Legal DescriptionCOMMODORE REPLAT, BLOCK 031, LOT 001A, ACRES .453
Census Tract020201
Assessed Land Value$32,000
Assessed Improvement Value$286,751
Assessment Year2025

About this property

Charming Home Near Belton Lake! Discover this inviting 3-bedroom, 2-bathroom home nestled on a spacious .453-acre lot on a quiet cul-de-sac in Morgan's Point Resort. Inside, you will find a spacious living room ideal for relaxing or entertaining, a U-shaped kitchen with abundant cabinet and countertop space, plus an eating bar that opens to the dining area. All bedrooms feature ceiling fans, with a walk-in closet in the primary suite. Step outside to enjoy the covered back patio, perfect for gatherings or quiet evenings. Just a short walk to Belton Lake and Kleypas Park which features a playground, tennis court, basketball court, volleyball court and the Morgan’s Point Resort Community Pool making this property a perfect blend of nature, convenience, and outdoor recreation. Enjoy quick access to dining and shopping, as well as downtown Belton, Temple, and Fort Cavazos. With endless potential to make it your own, schedule your showing today!

Investor Tools

Property Icon
$279,385
Estimated Property Value
$262,404Estimated Mortgage Balance
$16,981Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,676 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,090
$279,385
2025
$32,000
$286,751
$318,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,090
$279,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$265,500
Yes
First
Sep 23, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,404
$16,981
6%
94%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,592/mo
$-232/mo
5.8%

City: Belton