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$565,000

506 Oakwood Dr, Bartonville, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size9,204 sqft

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APNR149205
Lot Number12
SubdivisionBrasher Estates
Land UseResidential
Legal DescriptionBRASHER ESTATES BLK D LOT 12
Census Tract020315
Assessed Land Value$51,542
Assessed Improvement Value$111,680
Assessment Year2025

About this property

Need a place to put a mobile home or a modular home? What better place than a secluded half acre wooded lot! Argyle I.S.D! Low taxes! There are 2 quarter acre lots being sold together - 2 parcels - as a one half acre lot. There are mature trees and this backs to a million dollar neighborhood. The price already reflects the need for the old home on the left lot to be removed or rebuilt. It is a gut job and needs total rehab or removal. Do not enter it - it may be unsafe. There is a septic tank which was working fine before the home was vacated but we have no knowledge of it at this time. The owner has no knowledge of any condition of the home. It was vacated about 10 years ago. Try to find a half acre lot anywhere in Argyle at this price especially where you can have a mobile or modular home and be in the Argyle I.S.D. ....... looking for a quick cash deal. See offer instructions.

Investor Tools

Property Icon
$565,000
Estimated Property Value
$0Estimated Mortgage Balance
$565,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,359
$163,222
2025
$51,542
$111,680
$163,222
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,359
$163,222

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$565,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
N/A
+$2,960/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.

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: Bartonville

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