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$400,000

NAL Estimated Property Value

3047 Old Orchard Lane, Bedford, TX, 76021

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,115 Sq Ft
price_per_sqft$143.74 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,588 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN6310-18-4
Lot Number4
SubdivisionCanterbury Addition
Land UseResidential
Legal DescriptionCANTERBURY ADDITION BLOCK 18 LOT 4
Census Tract113623
Assessed Land Value$75,000
Assessed Improvement Value$285,000
Assessment Year2025

About this property

Beautiful one story home with 4-bed, 2-bath & craft room in an established friendly neighborhood. Minutes away from major highways, shopping & entertainment in coveted HEB ISD! Huge living room w-fireplace open to a stunning updated kitchen w-granite! Large master suite w-sitting area. Upgrades to both bathrooms, new laminate flooring, new vinyl E windows in living & kitchen, upgraded light fixtures, new paint inside & out and so much more! Fairly new 16 Seer HVAC & 50 year transferable warranty composite rubber roof. Extra wide driveway w-additional driveway for RV or boat storage. Includes 30 amp RV electric connection. SELLER IS OFFERING 1,000 ALLOWANCE TOWARDS LANDSCAPING with the right offer!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$224,437Estimated Mortgage Balance
$175,563Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,310
$360,000
2025
$75,000
$285,000
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,310
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$251,600
No
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,437
$175,563
43%
56%
$1,509/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,509/mo
+$611/mo
6.4%

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: Bedford

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3047 Old Orchard Lane | Property Details | No Agent List