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NoAgentList RatingHow are grades calculated? Info
Days112Days on Market
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$199,000

$225,000

6036 Harrison Way, Watauga, TX, 76148

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,195 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.53 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size7,100 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN10840-5-24
Lot Number24
SubdivisionEcho Hills Addition
Land UseResidential
Legal DescriptionECHO HILLS ADDITION BLOCK 5 LOT 24
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$125,000
Assessment Year2025

About this property

Watauga investment opportunity with guaranteed Section 8 cash flow! Sold strictly AS-IS and subject to third-party approval. This tenant-occupied property is a premier addition to any rental portfolio, featuring a reliable Section 8 tenant on a month-to-month lease. Benefit from the security of government-backed rental payments in a well-established Watauga neighborhood known for high tenant demand and long-term stability. The home offers a functional layout with well-sized bedrooms and an attached garage. The living area flows into a kitchen with ample workspace, providing a solid foundation for future value-add improvements. This property is being sold in its current condition with no seller repairs. Due to tenant privacy, NO SHOWINGS are available until an acceptable offer is received. Secure this recession-resistant asset today!

Investor Tools

Property Icon
$253,000
Estimated Property Value
$264,000Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Jessica Cortez

Realty Right

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,885
$175,000
2025
$50,000
$125,000
$175,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,885
$175,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Business Purpose Capital Llc
Commercial
$264,000
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,147
$10,853
4%
101%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,583/mo
+$907/mo
11.8%

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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6036 Harrison Way | Property Details | No Agent List