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$358,260

NAL Estimated Property Value

318 Elmwood Street, Azle, TX, 76020

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.36 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range

Building Information

Garage Spaces2

Land Information

APN18240-005-024-00
Lot Number24
SubdivisionTangelwood Estates
Land UseResidential Single Family
Legal DescriptionLOT: 24 BLK: 5 SUBD: TANGELWOOD ESTATES
Census Tract140412
Assessed Land Value$45,000
Assessed Improvement Value$313,260
Assessment Year2025

About this property

Discover the perfect blend of modern elegance and farmhouse charm in this stunning 2024 home. Featuring a spacious open floor plan, this residence includes a luxurious primary suite with a walk-in closet and a beautifully appointed en-suite bathroom. With a total of 2.5 bathrooms, including a convenient half-bath, this home ensures comfort and convenience for everyone. The grand living room, with its striking cathedral ceiling, creates an airy and inviting atmosphere, while the gorgeous kitchen with a stylish island serves as the heart of the home. With three additional versatile rooms and an oversized backyard that boasts a charming cathedral-style feature, this home offers both comfort and style for relaxation, entertaining, and everyday living. Don’t miss your chance to own this exquisite modern farmhouse!

Investor Tools

Property Icon
$358,260
Estimated Property Value
$262,390Estimated Mortgage Balance
$95,870Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$358,260
2025
$45,000
$313,260
$358,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$358,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Alliance Home Mortgage Llc
Fha
$267,093
Yes
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,390
$95,870
26%
73%
$1,602/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: Azle

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318 Elmwood Street | Property Details | No Agent List