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$293,000

NAL Estimated Property Value

6132 Grayson Court, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
price_per_sqft$150.79 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size8,146 sqft

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN46690-1-3
Lot Number3
SubdivisionWhitley Courts
Land UseResidential
Legal DescriptionWHITLEY COURTS BLOCK 1 LOT 3
Census Tract113803
Assessed Land Value$50,000
Assessed Improvement Value$224,279
Assessment Year2025

About this property

You’ll enjoy this charming, corner lot home located in Whitley Courts addition! This is a 3 bedroom, 1.5 bathroom residence, with tile and laminate flooring throughout the home. You'll love to entertain in the sun room and in ground pool. A 2-car garage and expansive backyard are just additional desirable features to this home. Situated in a friendly community with an award-winning school system, Keller ISD.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$167,145Estimated Mortgage Balance
$125,855Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,282
$274,279
2025
$50,000
$224,279
$274,279
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,282
$274,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$190,486
Yes
First
Feb 10, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,145
$125,855
42%
57%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,143/mo
+$1,347/mo
10.2%

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: Watauga

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6132 Grayson Court | Property Details | No Agent List