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$264,000

NAL Estimated Property Value

232 Monterrey Dr, Hewitt, TX, 76643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,473 Sq Ft
price_per_sqft$183.3 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size13,020 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363010000022000
Lot Number9
SubdivisionAlamosa Hts
Land UseResidential
Legal DescriptionALAMOSA HTS LOT 9 BLOCK 2 ACRES .2989
Census Tract003708
Assessed Land Value$27,080
Assessed Improvement Value$203,100
Assessment Year2025

About this property

CHARMING 3 BEDROOM 2 BATHROOM HOME IS MIDWAY ISD WITH A WORKSHOP. Welcome to this inviting 3 bed 2 bath home located in the highly sought after Midway ISD. This property provides the perfect blend of comfort and convenience, featuring a spacious living area, an enclosed sun room and a functional layout ideal for families or anyone seeking a cozy retreat. Enjoy the benefits of a large workshop with electricity-perfect for hobbies, storage or small business needs. The prime location puts you just minutes from top rated schools, shopping and dining, making everyday errands a breeze! Don't miss this opportunity to own a great home in a fantastic area!

Investor Tools

Property Icon
$264,000
Estimated Property Value
$10,417Estimated Mortgage Balance
$253,583Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,572
$230,180
2025
$27,080
$203,100
$230,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,572
$230,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$10,462
No
First
Feb 9, 2026
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,417
$253,583
96%
4%
$63/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,310/mo
$63/mo
+$1,247/mo
6.0%

City: Hewitt

232 Monterrey Dr | Property Details | No Agent List