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$270,000

NAL Estimated Property Value

408 Greenleaf Dr, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,439 Sq Ft
price_per_sqft$138.29 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size8,263 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN23165-16-10
Lot Number10
SubdivisionLake Crest Park Addition
Land UseResidential
Legal DescriptionLAKE CREST PARK ADDITION BLOCK 16 LOT 10
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$215,143
Assessment Year2025

About this property

Farmhouse charm! This home has been completely remodeled with laminate flooring throughout, new kitchen cabinets with quartz countertops, master bath has been updated with a walk in shower, new vanities in both bathrooms , all new fixtures and lighting, decorative ship lap style accent wall, AND new HVAC! This home also offers extended driveway for additional parking, storage building with electric. Great location close to schools and park! Multiple offers received.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$193,406Estimated Mortgage Balance
$76,594Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,395
$265,143
2025
$50,000
$215,143
$265,143
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,395
$265,143

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red Diamond Home Loans Llc
Va
$214,668
Yes
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,406
$76,594
28%
72%
$1,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,288/mo
+$302/mo
7.1%

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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408 Greenleaf Dr | Property Details | No Agent List