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$305,000

305 Tanglewood Rd, Temple, TX, 76502

$341,109 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,182 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.78 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Water Heater, Cooktop
FlooringCombination, Ceramic Tile, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN35083
Lot Number4
SubdivisionRidgewood Estates
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES, BLOCK 001, LOT 0004
Census Tract021305
Assessed Land Value$38,000
Assessed Improvement Value$341,663
Assessment Year2025

About this property

Price Reduced!!!! Nestled in the serene community of Temple, Texas, 305 Tamglewood presents an exceptional opportunity for homebuyers seeking a unique and versatile property. This offering features not one, but two homes on a spacious lot, ideal for multigenerational living or investment potential. The primary residence lot of natural light flowing through open living spaces. The second home offers a charming, self-contained space perfect as a guesthouse or rental unit, providing additional income potential. Located in close to local parks, schools, and shopping centers while maintaining tranquil suburban charm, this property perfectly balances convenience and nestled in the serene community of Temple. The has fresh paint. It looks so nice.

Investor Tools

$4,934Estimated Mortgage Balance
$374,729Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$341,109
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,278 /month
Positive
Cash Flow Estimate:
$759 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$896/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,855
$379,663
2025
$38,000
$341,663
$379,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,855
$379,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mcafee Mtg & Investment Company
N/A
$88,000
N/A
First
May 22, 1997
Jun 2012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,934
$374,729
98%
1%
$0/mo

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: Temple

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305 Tanglewood Rd | Property Details | No Agent List