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$395,000

NAL Estimated Property Value

609 Monette Drive, Bedford, TX, 76022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.74 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size13,547 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN3790-8-7
Lot Number7
SubdivisionBrook Hollow-Bedford
Land UseResidential
Legal DescriptionBROOK HOLLOW-BEDFORD BLOCK 8 LOT 7
Census Tract113618
Assessed Land Value$75,000
Assessed Improvement Value$197,754
Assessment Year2025

About this property

Beautiful home with two large open patios that over look lush landscaping & have the tranquil sound of the creek trickling by. Spread out with a three way split floor plan that has several updates including two remodeled bathrooms(one in which has a new walk in closet), modern updated kitchen, freshly painted living room & mother-in-law suite, smart thermostat, & new water heater. Rear entry garage provides privacy whereas front and side entry doors provide convenience. Enjoy being within walking distance to schools, parks, and shopping as well as being within minutes to DFW.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$211,859Estimated Mortgage Balance
$183,141Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,387
$272,754
2025
$75,000
$197,754
$272,754
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,387
$272,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$237,500
No
First
Oct 15, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,859
$183,141
46%
54%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,424/mo
+$576/mo
6.1%

City: Bedford

609 Monette Drive | Property Details | No Agent List