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B+
NoAgentList RatingHow are grades calculated?Info
Days43Days on Market
Views1view
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$490,000

$500,000

505 Queensway Rd, Willow Park, TX, 76087

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.49 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit

Building Information

Year Built1981
Stories1

Land Information

APN19525-003-003-00
Lot Number3
SubdivisionWillow Wood Addition
Land UseResidential
Legal DescriptionLOT: 3 BLK: 3 SUBD: WILLOW WOOD ADDITION
Census Tract140714
Assessed Land Value$90,000
Assessed Improvement Value$252,470
Assessment Year2025

About this property

If you've been hoping to find something with a little more personality than the typical subdivision home, 505 Queensway is one you'll want to see. Set on a beautiful one-acre lot in Aledo ISD, this property offers mature trees, plenty of room to spread out, and a backyard that's designed to be enjoyed. Whether you're spending the afternoon by the pool, grilling on the back deck, gathering around the fire pit, or dreaming up a garden in the side yard, there's no shortage of ways to enjoy the space. With flowers, two storage sheds, and room to make it your own, the backyard feels like an extension of the home. Inside, you'll find four bedrooms, a dedicated office, updated flooring, granite countertops, and comfortable living spaces that make everyday life easy. The circular driveway adds welcoming curb appeal, and you're just minutes from I-20, shopping, dining, parks, Weatherford Lake, and everything Willow Park has to offer. Homes like this don't come along often. It's the kind of property that gives you room to breathe without giving up the convenience of being close to everything.

Investor Tools

$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Elin Aanenson

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$342,470
2025
$90,000
$252,470
$342,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$342,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/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.

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: Willow Park

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505 Queensway Rd | Property Details | No Agent List