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$264,410

NAL Estimated Property Value

245 Monterrey Dr, Hewitt, TX, 76643

$281,590 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.53 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size12,402 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363010000012006
Lot Number12
SubdivisionAlamosa Hts
Land UseResidential
Legal DescriptionALAMOSA HTS LOT 12 BLOCK 1 ACRES .2847
Census Tract003708
Assessed Land Value$26,660
Assessed Improvement Value$237,750
Assessment Year2025

About this property

Welcome to this charming 3 bedroom, 2 bath home located in the sought-after Midway ISD in Hewitt, Texas. This lovely home boasts a bonus living/game room, perfect for entertaining or relaxing with family and friends. Conveniently located close to everything, you'll have easy access to shopping, dining, and entertainment. The spacious back yard is perfect for outdoor gatherings, BBQs, and enjoying the Texas sunshine. Don't miss out on the opportunity to make this house your home. Schedule a showing today!

Investor Tools

Property Icon
$264,410
Estimated Property Value
$230,800Estimated Mortgage Balance
$33,610Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$281,590
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,305
$264,410
2025
$26,660
$237,750
$264,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,305
$264,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$237,500
No
First
Oct 4, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,800
$33,610
12%
87%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,424/mo
+$296/mo
7.8%

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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245 Monterrey Dr | Property Details | No Agent List