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$400,000

5005 Olivia Lucille St, Azle, TX, 76020

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.89 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringLaminate

Exterior

Lot Size1.00 acres

Land Information

APN18362-002-012-00
Lot Number12
Land UseResidential Single Family
Legal DescriptionACRES: 1.004 LOT: 12 BLK: 2 SUBD: THOMAS LEN ESTATES F-497
Census Tract140408
Assessed Land Value$90,310
Assessed Improvement Value$269,640
Assessment Year2025

About this property

This stunning 4-bedroom, 2-bath farmhouse sits just outside the city limits, offering peaceful country living with modern comfort. Only 2 years old, the home is immaculate and designed with an open-concept layout, split bedrooms, and an oversized laundry room with storage. The kitchen features a large island with additional storage, perfect for both everyday use and entertaining. Step out onto the oversized back porch and enjoy a beautiful, private view—ideal for morning coffee and relaxing. The property is fully equipped for work and play, featuring a 30x50 shop with electric, open and close cell spray foam throughout. The shop also has additional game room or living quarters that is cooled and heated with a mini split system. The shop also includes a custom pool table built for the space and will stay. For added convenience, the home is wired for a generator and also RV ready, equipped with a 220amp plug and cleanout available. This property combines small-town charm with modern amenities—making it the perfect place to call home. Whether you’re looking for extra space, a workshop, or a serene view, this beautiful farmhouse has it all!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$350,000Estimated Mortgage Balance
$61,081Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$359,950
2025
$90,310
$269,640
$359,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$359,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Va
$350,000
Yes
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,919
$61,081
15%
85%
$2,099/mo

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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5005 Olivia Lucille St | Property Details | No Agent List