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$225,000

207 Water Ln, Crowley, TX, 76036

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.04 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,595 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN4255-1-5
Lot Number5
SubdivisionBullard Addition
Land UseResidential
Legal DescriptionBULLARD ADDITION BLOCK 1 LOT 5
Census Tract111021
Assessed Land Value$36,289
Assessed Improvement Value$143,711
Assessment Year2025

About this property

The seller’s preferred lender is offering a complimentary 1-0 temporary interest-rate buydown. Available for FHA, VA, and Conventional financing. No lender overlays or minimum credit score requirements apply beyond standard loan program guidelines. If the buyer qualifies for the loan program, they are eligible for this incentive. Roof replaced approximately 3 years ago. This 3-bedroom, 2-bath home with an attached 2-car garage is a great opportunity for investors, flippers, or buyers ready to build sweat equity. Ready for cosmetic updates and TLC to bring out its full potential. Featuring a functional floor plan, covered back patio, and established neighborhood location, this property could make an excellent rental addition, starter home renovation project, or long-term investment opportunity. Vacant and ready for its next owner to bring their vision to life.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$58,150Estimated Mortgage Balance
$223,000Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Chad Smith

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,241
$180,000
2025
$36,289
$143,711
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,241
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homecomings Financial Network Inc
Unknown
$58,150
No
First
N/A
Aug 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$211,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
11.9%

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: Crowley

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207 Water Ln | Property Details | No Agent List