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$379,000

NAL Estimated Property Value

511 Azalea Dr, Glenn Heights, TX, 75154

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,377 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,017 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN36.6218.905.038.00.111
Lot Number38
SubdivisionMagnolia Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 38 BLK E MAGNOLIA FARMS ADDN PH 1 0.207 AC
Census Tract060216
Assessed Land Value$92,500
Assessed Improvement Value$281,511
Assessment Year2025

About this property

This spacious and well-maintained 5-bedroom, 3.5-bath home boasts multiple living areas, giving this space incredible versatility. This 3,377 sq ft two-story features an open layout, crown molding, and abundant natural light. The kitchen is equipped with a gas cooktop, built-in oven, and ceramic tile floors, while the flexible floor plan includes a front room perfect for a study or extra bedroom. Enjoy cozy evenings by the fireplace and the convenience of built-in storage throughout. Sitting on a private, tree-lined lot with a fenced backyard, this home also offers access to a community pool and playground in the desirable Magnolia Farms community. Located in Red Oak ISD with easy access to I-35, this home blends comfort, space, and location. Property available for sale. For Sale Listing: MLS #20904788

Investor Tools

Property Icon
$379,000
Estimated Property Value
$247,656Estimated Mortgage Balance
$131,344Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$583/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,889
$374,011
2025
$92,500
$281,511
$374,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,889
$374,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$271,200
No
First
Oct 12, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,656
$131,344
34%
65%
$1,626/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: Glenn Heights

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511 Azalea Dr | Property Details | No Agent List