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B+
NoAgentList RatingHow are grades calculated? Info

$249,900

5912 Kary Lynn Dr S, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.82 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size7,126 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN10840-15-6
Lot Number6
SubdivisionEcho Hills Addition
Land UseResidential
Legal DescriptionECHO HILLS ADDITION BLOCK 15 LOT 6
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$190,835
Assessment Year2025

About this property

Welcome to Kary Lynn. This three bedroom, two bath home has been well cared for, is light and bright and waiting for new owners. Perfectly located close to shopping, dining, parks, hospitals and more. Some of the improvements are vinyl windows, stainless steel wall oven & vent-a-hood, electric cook-top, vinyl wood-type flooring, raised toilets, oversized shop complete with electricity. There is a large laundry room (separate room) located in the garage. In addition to the two car garage there is a steel carport and four car drive-way. This property is perfect for the first time homebuyer or for the down-sizer. Did I mention that it is also in KELLER ISD? Contact us today for your private showing.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$239,400Estimated Mortgage Balance
$12,101Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$411
$240,835
2025
$50,000
$190,835
$240,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$411
$240,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$239,400
No
First
Jul 8, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,899
$12,101
4%
95%
$1,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,436/mo
+$1,054/mo
12.0%

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.

Explore Texas Explore This Area
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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