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$190,000

56 Morrow Dr, Bedford, TX, 76021

$209,502 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,172 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$162.12 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size1,346 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN26880C-A2-18A
Lot Number18A
SubdivisionMorrow Green Garden Homes
Land UseResidential
Legal DescriptionMORROW GREEN GARDEN HOMES BLOCK A2 LOT 18A & .004975 OF COMMON AREA
Census Tract113630
Assessed Land Value$25,000
Assessed Improvement Value$221,162
Assessment Year2025

About this property

This is a STUNNER! Beautifully remodeled, master bdrm down, townhome in desireable Morrow Green Garden Homes. Soft gray tones with wood tile throughout & handsome laminate up. Kitchen boasts gorgeous granite, subway tile newer appliances, BOSCH dishwasher & under cabinet lighting. Master bath with granite counters & beautiful 12x24 tile work is a dream. Second bedroom up has private bath and balcony where you can watch the Bedford Boys Ranch fireworks in the comfort of your own home. Custom built oak staircase & cozy wood burning fireplace. 2 glorious patios off the living room bring in tons of light. HOA maintains common areas, decking, fencing and roof. Better hurry for this fabulous lock--n-leave beauty!

Investor Tools

Property Icon
$246,162
Estimated Property Value
$56,000Estimated Mortgage Balance
$240,499Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$209,502
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,477 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,793
$246,162
2025
$25,000
$221,162
$246,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,793
$246,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Sfm Mtg
N/A
$56,000
N/A
First
Mar 11, 1998
Apr 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,663
$240,499
97%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$250/mo
+$1,870/mo
10.3%

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.

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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: Bedford

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56 Morrow Dr | Property Details | No Agent List