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$330,000

NAL Estimated Property Value

409 Oklahoma Ave, Hewitt, TX, 76643

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,088 Sq Ft
price_per_sqft$126.92 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater
FlooringWood

Exterior

Lot Size17,899 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363300000120008
Lot Number12
SubdivisionParker Hts
Land UseResidential
Legal DescriptionPARKER HTS LOT 12 BLOCK H ACRES .4109
Census Tract003708
Assessed Land Value$28,640
Assessed Improvement Value$281,700
Assessment Year2025

About this property

In the heart of Hewitt Tx, you will find and fall in love with 409 Oklahoma Ave. This traditional home offers a unique Scandinavian style and is stunning, bright, and filled with natural light from the windows overlooking the backyard. The Rustic - Mediterranean influences from the redesign in 2017 include upgrades that are functional yet surprising, like the pocket shelf in the wall in the living room that opens up and allows you to discover what is behind it. The light colors, the blend of textures make the home feel warm and inviting. The owner says one of their favorite things about the home is that it is located on a very, quiet end of the street that ends in a cul-de-sac (not much traffic at all). Other upgrades include a newer roof, flooring, appliances, toilet, tubs with tile, newer air conditioner condenser, and the popcorn ceiling removed while also having the walls retextured. As a plus from the large backyard, you will notice the One-year-old Solar Panels that have proven to save the current homeowner on their electric bill (the contract can be transferable) and the covered patio. Plus a 3-year-old water heater, large walk-in closets in each bedroom, three other storage closets in addition to the bedroom closets, plus another in the garage. Priced to sell, call today.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$176,902Estimated Mortgage Balance
$153,098Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,437
$310,340
2025
$28,640
$281,700
$310,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,437
$310,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$196,000
No
First
Aug 27, 2021
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,902
$153,098
46%
54%
$881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$881/mo
+$839/mo
6.3%

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: Hewitt

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