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$169,000

520 Lake Crest Parkway, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave

Exterior

Lot Size17,341 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN23165-8-6
Lot Number6
SubdivisionLake Crest Park Addition
Land UseResidential
Legal DescriptionLAKE CREST PARK ADDITION BLOCK 8 LOT 6
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$124,571
Assessment Year2025

About this property

Welcome to 520 Lake Crest Parkway—an inviting, well-maintained single-story home nestled in the heart of Azle. This charming 3-bedroom, 1-bath residence offers comfort, functionality, and great value, making it perfect for first-time buyers, downsizers, or anyone looking for a move-in-ready property. Step inside to a warm and welcoming layout featuring a spacious living area ideal for relaxing or entertaining. The home boasts three nicely sized bedrooms with plenty of natural light, along with a clean and well-kept bathroom. The kitchen offers ample cabinet space and flows seamlessly into the main living areas, creating a practical and efficient floor plan. Outside, you'll find a 1-car garage and a yard with plenty of potential for outdoor enjoyment, gardening, or future customization. Pride of ownership is evident throughout, with the home being consistently cared for and maintained. Conveniently located with easy access to local schools, shopping, and dining, this home offers the perfect blend of small-town charm and everyday convenience. Don’t miss your opportunity to make this lovely home yours!

Investor Tools

Property Icon
$177,000
Estimated Property Value
$0Estimated Mortgage Balance
$177,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,840
$174,571
2025
$50,000
$124,571
$174,571
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,840
$174,571

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$177,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
N/A
+$1,590/mo
10.8%

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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520 Lake Crest Parkway | Property Details | No Agent List