$259,000
NAL Estimated Property Value5716 Saramac Drive, Watauga, TX, 76148
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size12,985 sqft
Building Information
Year Built1969
Stories1
Garage Spaces2
Land Information
APN4080-35-29
Lot Number29
SubdivisionBrowning Heights North
Land UseResidential
Legal DescriptionBROWNING HEIGHTS NORTH BLOCK 35 LOT 29
Census Tract113810
Assessed Land Value$45,000
Assessed Improvement Value$182,248
Assessment Year2025
About this property
MLTPLE OFFERS. OFFER DEADLINE SUNDAY 8PM. OFFERS TO PRESENTED TO SELLER ON MONDAY. Adorable, well-maintained home with open floor plan and large backyard. Granite countertops. 4th bedroom is half garage conversion with closet, leaving one car garage and some additional storage space. Easy access to freeway restaurants, and shopping. Prof pictures to come. Showings Friday, April 2 from 11am-8pm, Sat and Sun from 8am-8pm. Leased through May. Buyer can take possession May 31..Refrigerators negotiable.
Investor Tools
$259,000
Estimated Property Value
$155,570Estimated Mortgage Balance
$103,430Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,115
$227,248
2025
$45,000
$182,248
$227,248
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,115
$227,248
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$172,000
No
First
May 25, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,570
$103,430
39%
60%
$1,032/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,032/mo
+$1,458/mo
11.5%
