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$269,000

$279,000

390 Driftwood Ct Apt 3b, Azle, TX, 76020

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

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

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 or weekend getaways. This beautifully updated condo is move-in ready, inviting you to relax and enjoy the good life from day one. 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. 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. Step outside and stroll straight to the lake, where the private community dock is ideal for boating, paddleboarding, 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. Whether you're fishing, boating, or enjoying stunning sunsets, this is lakeside living at its finest. Make the lake your everyday view—because life really is better on the water. Seller can paint green wall a neutral color at buyers request, prior to closing.

Investor Tools

$174,318Estimated Mortgage Balance
$122,259Estimated 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 Ct Apt 3b | Property Details | No Agent List