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Days150Days on Market
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$344,000

232 Crescent, Hewitt, TX, 76643

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.35 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator
FlooringTile, Vinyl

Exterior

Lot Size14,540 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363030000061005
Lot Number12
SubdivisionBarcus Pat
Land UseResidential
Legal DescriptionBARCUS PAT LOT 12 BLOCK 5 ACRES .3338
Census Tract003710
Assessed Land Value$27,780
Assessed Improvement Value$285,090
Assessment Year2025

About this property

Charming 3-Bedroom Home in Midway ISD with Workshop & Spacious Lot Welcome to this darling 1,752 sq ft home located on a well-established, tree-lined street in the highly sought-after Midway ISD. From the moment you walk in, you’ll love the open-concept living area featuring a cozy fireplace—perfect for gatherings or quiet evenings at home. The updated kitchen offers modern touches while maintaining a warm, inviting feel, and the desirable split floor plan provides privacy for the bedrooms. The spacious master suite is a true retreat, complete with a large bathroom featuring dual vanities, a walk-in closet, and plenty of room to unwind. A few of the highlights are the side entry garage, roof that is less than 5 years old, gutters, water softener, and beautiful laminate & tile flooring. Situated on a generous .334-acre lot with mature shade trees, the outdoor space is just as impressive. One of the unique highlights of this property is the detached, air-conditioned workshop—a versatile space ideal for a hobby room, playroom, reading nook, or whatever suits your lifestyle. Don’t miss your chance to call this wonderful home yours. Home has tenants that will be there through Sept. Schedule a showing today!

Investor Tools

$312,173Estimated Mortgage Balance
$28,827Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

Crystal Lovett

Graceland Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,606
$312,870
2025
$27,780
$285,090
$312,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,606
$312,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$325,395
Yes
First
Mar 19, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,173
$28,827
8%
92%
$1,951/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,951/mo
$-231/mo
6.1%

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: Hewitt

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