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$199,900

500 Lake Crest Pkwy, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.7 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size8,555 sqft

Building Information

Year Built1981
Stories1
Garage Spaces1

Land Information

APN23165-8-1
Lot Number1
SubdivisionLake Crest Park Addition
Land UseResidential
Legal DescriptionLAKE CREST PARK ADDITION BLOCK 8 LOT 1
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$144,176
Assessment Year2025

About this property

Charming 3 bedroom 2 bath property in Azle ready for its next owner. Open floorplan with stainless appliances in kitchen and some light updates throughout. Shed and playscape in backyard convey. Location perks include Azle ISD schools nearby, easy access to shopping and dining, and proximity to Lake Worth, Eagle Mountain Lake, and Fort Worth. Enjoy neighborhood living with the convenience of the DFW metro just minutes away. This property is being sold as is, ready for a buyer to renovate, customize, or build equity through updates, or a rental investment. NO SIGHT UNSEEN OFFERS.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$189,905Estimated Mortgage Balance
$9,194Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,800
$194,176
2025
$50,000
$144,176
$194,176
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,800
$194,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$189,905
No
First
Jan 29, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,806
$9,194
4%
95%
$1,139/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,139/mo
+$451/mo
9.6%

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.

Explore Texas Explore This Area
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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500 Lake Crest Pkwy | Property Details | No Agent List