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$299,000

NAL Estimated Property Value

612 Madeline Court, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,645 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.52 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,584 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN40627-4-4
Lot Number4
SubdivisionStribling Square Addition
Land UseResidential
Legal DescriptionSTRIBLING SQUARE ADDITION BLOCK 4 LOT 4
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$190,000
Assessment Year2025

About this property

Lovely home that has been well cared for. Nice open concept with ample cabinets, large closets. Split bedrooms, master has a garden tub,separate vanities.separate shower and a linen closet. Large backyard with nice built on deck and covered porch. Front drive has been extended for parking larger vehicles. Close to the park, walking trails and Eagle Mountain Lake. This is a must see.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$168,107Estimated Mortgage Balance
$130,893Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,648
$240,000
2025
$50,000
$190,000
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,648
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$189,994
Yes
First
Jun 15, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,107
$130,893
43%
56%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,140/mo
+$450/mo
6.4%

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: Azle

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612 Madeline Court | Property Details | No Agent List