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B+
NoAgentList RatingHow are grades calculated? Info

$299,900

228 Azalea Dr, Sulphur Springs, TX, 75482

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.39 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage
Lot Size15,290 sqft

Building Information

Year Built1978
Garage Spaces2

Land Information

APNR000005480
SubdivisionWest Oaks
Land UseResidential
Legal DescriptionACRES: 0.351 LOT: 12 BLK: 101 2 ADDN: WEST OAKS 90X170
Census Tract950402
Assessed Land Value$25,000
Assessed Improvement Value$182,280
Assessment Year2025

About this property

Here you will find your perfect blend of comfort and convenience in this exquisite 4-bed, 2-bath home. Recently updated to meet your modern-day needs. Step outside to a spacious backyard equipped with a covered patio, ideal for relaxation and family gatherings. Need room for your hobbies or vehicles? You've got plenty with a large workshop-garage! Take a short walk to Lake Coleman park for tranquil trails or zip down to the vibrant downtown Sulphur Springs. Commute with ease via quick I-30 access.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$324,196Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$978
$207,280
2025
$25,000
$182,280
$207,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$978
$207,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Va
$324,196
Yes
First
Mar 19, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,513
N/A
0%
109%
$1,944/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.

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: Sulphur Springs

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