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$269,000

$279,000

390 Driftwood Court 3B-1, Azle, TX, 76020

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,306 Sq Ft
price_per_sqft$205.97 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Building Information

Year Built1970

Land Information

APN42184C--------7
Lot Number7
SubdivisionTimbers, The Condo Apts #1
Land UseResidential
Legal DescriptionTIMBERS, THE CONDO APTS #1 LOT 7
Census Tract114205
Assessed Land Value$60,000
Assessed Improvement Value$191,000
Assessment Year2025

About this property

Welcome to your lakefront escape on Eagle Mountain Lake, where beautiful water views, modern updates, and an unbeatable lifestyle come together. Whether you’re searching for a full-time residence, relaxing weekend getaway, or income-producing investment, this move-in-ready condo offers incredible versatility. Step inside to updated luxury vinyl plank flooring throughout the main living areas, along with plush new carpet in the bedrooms for added comfort. A private exterior storage closet just outside the front door provides convenient space for lake gear, paddleboards, seasonal décor, and more. Wake up to stunning lake views and enjoy peaceful mornings with coffee or unforgettable evenings watching the sunset from your private waterfront balcony. With direct access to the lake, you can stroll to the private community dock for boating, paddleboarding, fishing, or simply relaxing by the water. For even more convenience, a full-service marina is located just over a mile away. Tucked into a quiet, welcoming community, this property feels like a true retreat while remaining just a short drive from Fort Worth. Its desirable location and lakefront setting also create excellent appeal for long-term tenants or potential short-term rental guests. Whether you’re dreaming of carefree days on the water or looking for a property with exciting income potential, this condo delivers the best of both worlds. Make Eagle Mountain Lake your everyday view, your weekend escape, or your next smart investment—because life really is better on the water. Seller will paint the green wall a neutral color at buyer’s request prior to closing.

Investor Tools

$174,318Estimated Mortgage Balance
$121,682Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Katy Reeves

Trinity Group Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
$445/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,521
$251,000
2025
$60,000
$191,000
$251,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,521
$251,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$182,000
No
First
Feb 27, 2024
Mar 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,318
$121,682
41%
59%
$1,092/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$1,537/mo
$-337/mo
4.9%

City: Azle

390 Driftwood Court 3B-1 | Property Details | No Agent List