Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$239,000

NAL Estimated Property Value

5909 Emerson Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.97 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,320 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN4080-20-17
Lot Number17
SubdivisionBrowning Heights North
Land UseResidential
Legal DescriptionBROWNING HEIGHTS NORTH BLOCK 20 LOT 17
Census Tract113810
Assessed Land Value$45,000
Assessed Improvement Value$171,307
Assessment Year2025

About this property

This delightful home has many recent updates, with nice curb appeal and landscaped front and back yards. Features include new laminate floors, new carpet in the bedrooms, fresh paint, updated baths, recent HVAC and windows within the last 3 yrs. The living area is spacious, with room near the kitchen for a second dining area, or an office area if needed. The galley kitchen has a sink window overlooking the backyard, and a dining nook large enough for a table with 6 chairs. The peaceful backyard is spacious, and has a large covered patio with grass and mature trees, providing limitless possibilities. One garage bay has been enclosed from the inside and was converted to a workshop, but can still fit a car inside, and could be easily opened back up. This home is close to dining and shopping, down the street from Watauga Elementary School, and a very short walk to the park. This home is move in ready. Just add your own touch to make it your own!!

Investor Tools

Property Icon
$239,000
Estimated Property Value
$190,882Estimated Mortgage Balance
$48,118Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,527 /month
Positive
Cash Flow Estimate:
$509 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,019
$216,307
2025
$45,000
$171,307
$216,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,019
$216,307

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$195,200
No
First
Feb 27, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,882
$48,118
20%
80%
$1,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,171/mo
+$1,319/mo
12.5%

City: Watauga

5909 Emerson Dr | Property Details | No Agent List