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$297,500

612 Mallard Dr, Saginaw, TX, 76131

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.7 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,379 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN17657G-7-21
Lot Number21
SubdivisionHeather Ridge Estates
Land UseResidential
Legal DescriptionHEATHER RIDGE ESTATES BLOCK 7 LOT 21
Census Tract114003
Assessed Land Value$65,000
Assessed Improvement Value$239,045
Assessment Year2025

About this property

Wonderful home in Heather Ridge Estates! Popular floor plan is highlighted by 4 bedrooms & 2 bathrooms. You'll love the natural light in all of the living areas! Combo Formal Living Room & Dining room make for a great flexible space. Open concept kitchen is combined with the breakfast nook & den with wood burning fireplace. Kitchen has a large breakfast bar, ample storage, countertop space, & is highlighted by the gas range, microwave, & stainless steel dishwasher. Private Primary Suite is oversized & features an en-suite bath with garden tub, separate shower, linen closet, & walk-in closet. Secondary bedrooms are spaced along the hallway with access to the hall bathroom & utility room. Be sure & notice the updated flooring! Roof was installed in 2021. Part of the Eagle Mountain-Saginaw ISD that feeds into Saginaw High School. Super close to Saginaw & Alliance's shopping, entertainment, & major highways! This is a MUST SEE!

Investor Tools

Property Icon
$304,045
Estimated Property Value
$281,675Estimated Mortgage Balance
$27,330Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$291/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,090
$304,045
2025
$65,000
$239,045
$304,045
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,090
$304,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$281,675
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,715
$27,330
8%
91%
$1,689/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,310/mo
$1,980/mo
+$1,330/mo
13.1%

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.

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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: Saginaw

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