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$564,270

NAL Estimated Property Value

263 Observation Dr N, Aledo, TX, 76008

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,393 Sq Ft
price_per_sqft$1.59 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,841 sqft

Building Information

Garage Spaces2

Land Information

APNR000116903
Lot Number41
SubdivisionParks Of Aledo Bluffs
Land UseVacant Land
Legal DescriptionACRES: 0.180 LOT: 41 BLK: D SUBD: PARKS OF ALEDO BLUFFS PC E-706
Census Tract140707
Assessed Land Value$75,000
Assessed Improvement Value$489,270
Assessment Year2025

About this property

Stunning Home in the Parks of Aledo community! Welcome to this beautifully designed home that perfectly blends modern elegance with everyday functionality. From the moment you step inside, you’ll be greeted by rich wood flooring that flows seamlessly through the open concept living area. The spacious living room invites you to relax or entertain, featuring a cozy gas fireplace with glass doors, custom built-ins, and abundant natural light. The chef-inspired kitchen is a true centerpiece, complete with decorative lighting, large center island with sink, gas cooktop, ample cabinetry, and generous counter space. The primary suite is a private retreat, offering tile flooring, dual vanities, a frameless glass shower, and a freestanding soaking tub. Additional upgrades include remote-controlled electric blinds, professionally landscaped yard, retaining wall with French drain, and gutters. Enjoy the outdoors on your covered back porch while listening to the sounds of Friday night football from nearby. As part of the Parks of Aledo, you'll have access to top-tier community amenities like lakes, parks, and 10 miles of biking trails. Located in Aledo ISD, this home offers the ideal combination of luxury and a family-friendly lifestyle - with easy access to I-20, just 21 minutes to Downtown Fort Worth, 22 minutes to TCU, and 45 minutes to DFW Airport. Don't miss your opportunity to make this exceptional home yours!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$564,270
2025
$75,000
$489,270
$564,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$564,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$521,910
No
First
Jun 26, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$494,044
$70,226
12%
88%
$3,130/mo

Learn About the Market: Opportunity in Texas

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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: Aledo

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263 Observation Dr N | Property Details | No Agent List