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$315,000

350 S Pearson Ln, Azle, TX, 76020

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.48 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size35,981 sqft

Building Information

Year Built1986
Stories1
Garage Spaces1

Land Information

APN22765-001-001-00
Land UseResidential
Legal DescriptionACRES: 0.826 ABST: 2765 SURVEY: CROW J D TR: BLK: SURV: J D CROW
Census Tract140408
Assessed Land Value$74,340
Assessed Improvement Value$217,350
Assessment Year2025

About this property

ZERO-DOWN PAYMENT on this Beautifully maintained and charming little farmhouse sitting right outside the city limits with 3-bedrooms 2 bath's sitting on almost ONE acre. Home has a ton of recent upgrades including shiplap in dining and primary bedroom, HVAC replaced, electrical updated including new switches, plugs, light fixtures, recessed can lights and ceiling fans throughout, new windows, no popcorn ceilings, new paint on ceiling and trim, new kitchen appliances, new backsplash, remodeled bathrooms with new tile, vanities, toilets, recessed lights and new faucet hardware, new water softener, upgraded flooring, replaced front and rear entry doors, covered back porch added, 240 volt in the garage, on a well means NO water bill. Plenty of room for horses, chickens, goats all nestled on the end of Pearson Lane sitting less than a quarter mile off 199. Bring the ATVs, add the swimming pool with all the extra land and if that's not enough this home qualifies for USDA financing

Investor Tools

$164,684Estimated Mortgage Balance
$173,250Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$291,690
2025
$74,340
$217,350
$291,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$291,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$180,000
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,684
$127,006
43%
49%
$1,080/mo

City: Azle

350 S Pearson Ln | Property Details | No Agent List