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A+
NoAgentList RatingHow are grades calculated? Info

$256,000

309 Patricia Dr, Hewitt, TX, 76643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.12 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size15,002 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363210000149006
Lot Number15
SubdivisionHillside
Land UseResidential
Legal DescriptionHILLSIDE LOT 15 BLOCK 9 ACRES .3444
Census Tract003709
Assessed Land Value$31,500
Assessed Improvement Value$217,360
Assessment Year2025

About this property

Super cute 3 bedroom, 2 bath located in Midway ISD. Wonderful family room with wood burning fireplace, additional living space, and vaulted ceiling. Good sized bedrooms and closet space throughout out home. We laid out kitchen with with dishwasher, cooktop, oven, eating space, and lots of cabinet space. Home has beautiful atrium in middle providing wonderful natural light. Additional features include some new paint and flooring, good space for parking, covered patio, roof approx 11 years old and fenced yard.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$166,082Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,424
$213,120
2025
$31,500
$217,360
$248,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,424
$213,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Florida
Commercial
$100,000
No
First
Feb 25, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,918
$166,082
64%
35%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$600/mo
+$1,120/mo
8.1%

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.

Explore Texas Explore This Area
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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309 Patricia Dr | Property Details | No Agent List