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Days47Days on Market
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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
ApartmentApartment
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 ideal escape on Eagle Mountain Lake—perfect for full-time lakefront living, weekend getaways, or a fantastic residential income opportunity. This beautifully updated condo is move-in ready, making it equally appealing as a personal retreat or an investment property for long-term tenants or short-term rental potential. Inside, you’ll find updated luxury vinyl plank flooring throughout the main living areas, complemented by plush new carpet in the bedrooms. Just outside your front door, a private exterior storage closet offers the perfect place for your lake gear, seasonal items, or outdoor essentials—an added convenience for both owners and guests. Wake up to breathtaking lake views and savor your morning coffee—or unwind in the evening with a glass of wine—on your private balcony overlooking the water. This desirable lakefront setting enhances both lifestyle appeal and rental demand. Step outside and stroll straight to the lake, where the private community dock is ideal for boating, paddle boarding, or simply soaking in the peaceful atmosphere. Prefer a full-service marina? It’s conveniently located just over a mile away. Nestled in a quiet, friendly community, this condo offers a true escape from the city while still being just a short drive from Fort Worth—an attractive feature for vacationers and renters alike. Whether you're fishing, boating, or enjoying stunning sunsets, this is lakeside living at its finest with the added benefit of income-producing potential. Make the lake your everyday view—or your next smart investment—because life really is better on the water. Seller to paint green wall a neutral color at buyers request, prior to closing.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$0Estimated Mortgage Balance
$121,682Estimated Equity
100% 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

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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%

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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