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B+
NoAgentList RatingHow are grades calculated? Info

$200,000

5701 Hanson Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.37 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Electric Oven
FlooringCeramic Tile, Laminate, Marble

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size8,468 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN4080-5-1
Lot Number1
SubdivisionBrowning Heights North
Land UseResidential
Legal DescriptionBROWNING HEIGHTS NORTH BLOCK 5 LOT 1
Census Tract113810
Assessed Land Value$45,000
Assessed Improvement Value$238,862
Assessment Year2025

About this property

Agents - Please read remarks. 3 bed 2 bath home on a corner lot! Plenty of room in front or backyard for kids to play and burn energy while at home for schooling! Close to 377 and 820 highways for easy commuting. Owner has done remodeling to include hard surfaces throughout for easy cleaning without stains. Dining room shares space with kitchen and lots of space to be creative. Deep garage for boat or extra tools! House rebuilt from foundation to roof after fire in 2011. Foundation work performed late 2020 with transferable warranty. Brand new AC system installed March 2020.

Investor Tools

Property Icon
$283,862
Estimated Property Value
$200,790Estimated Mortgage Balance
$101,900Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,703 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,293
$283,862
2025
$45,000
$238,862
$283,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,293
$283,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$200,790
No
First
Jun 11, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,962
$101,900
35%
64%
$1,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,204/mo
+$1,286/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Watauga

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5701 Hanson Dr | Property Details | No Agent List