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$315,000

601 Sapphire Blvd, Hewitt, TX, 76643

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.48 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size12,632 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces4

Land Information

APN360448000013050
Lot Number5
SubdivisionImperial Estates
Land UseResidential
Legal DescriptionIMPERIAL ESTATES LOT 5 BLOCK 13 ACRES .29
Census Tract003709
Assessed Land Value$33,600
Assessed Improvement Value$286,200
Assessment Year2025

About this property

Welcome home to this beautifully updated 3-bedroom, 2-bath home situated on a desirable corner lot in Midway ISD and Castleman Creek Elementary! Thoughtfully updated and move-in ready, including a roof replaced approximately one year ago, this property offers a comfortable, functional layout with inviting living spaces and a fresh feel throughout. Outside, there’s plenty of room to spread out, along with an impressive 20’x35’ insulated shop with underground 60-amp electrical service—ideal for a workshop, hobbies, equipment, storage, or weekend projects. An additional storage shed provides even more space for lawn equipment, tools, and outdoor essentials. The corner lot adds to the open feel and functionality of the property. Conveniently located near shopping, grocery stores, restaurants, medical facilities, and the hospital, everyday necessities are just minutes away. With thoughtful updates, excellent additional workspace and storage, and a sought-after Midway ISD location, this home offers a great combination of comfort, functionality, and convenience.

Investor Tools

$118,514Estimated Mortgage Balance
$201,286Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Natalie Johnson

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,195
$319,800
2025
$33,600
$286,200
$319,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,195
$319,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$134,500
No
First
Jul 22, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,514
$201,286
62%
37%
$807/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$807/mo
+$913/mo
6.5%

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.

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: Hewitt

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601 Sapphire Blvd | Property Details | No Agent List