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$307,591

NAL Estimated Property Value

224 Fannin Dr, Hewitt, TX, 76643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,758 Sq Ft
price_per_sqft$175.77 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Gas Water Heater, Microwave, Other
FlooringCarpet, Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size12,510 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363160000210078
Lot Number18
SubdivisionHeritage Hts
Land UseResidential
Legal DescriptionHERITAGE HTS LOT 18 BLOCK 11 ACRES 0.2872
Census Tract003708
Assessed Land Value$32,150
Assessed Improvement Value$275,441
Assessment Year2025

About this property

Welcome to your dream home in the heart of Midway Independent School District! This immaculate, fully renovated residence offers comfort, style, and the perfect blend of modern amenities with a touch of nature. Enjoy spacious and versatile living spaces, perfect for entertaining guests or creating separate relaxation zones for the family. A dedicated dining area that seamlessly connects with the living spaces, making family meals and gatherings a breeze. Unwind in the luxurious master suite with a spa-like bathroom, featuring modern fixtures and ample space for relaxation. Surrounding the property are beautiful, mature trees providing shade and creating a serene outdoor atmosphere. Perfect for enjoying a cup of coffee on a peaceful morning or hosting outdoor gatherings.

Investor Tools

Property Icon
$307,591
Estimated Property Value
$218,133Estimated Mortgage Balance
$89,458Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,552
$307,591
2025
$32,150
$275,441
$307,591
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,552
$307,591

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$227,000
No
First
Mar 25, 2024
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,133
$89,458
29%
71%
$1,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,361/mo
+$359/mo
6.7%

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: Hewitt

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