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$312,000

616 Regina Dr, Hewitt, TX, 76643

$349,135 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.69 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesRain Gutters
Lot Size13,168 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363145000025003
Lot Number5
SubdivisionGross-Yowell Sub
Land UseResidential
Legal DescriptionGROSS-YOWELL SUB LOT 5 BLOCK 3 ACRES .3023
Census Tract003710
Assessed Land Value$33,980
Assessed Improvement Value$244,500
Assessment Year2025

About this property

SELLER IS WILLING TO PAY CLOSING COSTS! Updated and Move-in Ready! This freshly updated 3-bedroom, 2-bath home, with 2220+/-SqFt is perfectly situated on a large corner lot surrounded by mature trees. Upon entry, you'll be greeted by a large living room, featuring a wood burning fireplace accented by beautiful wood beams on the high ceiling. The kitchen, recently updated with new appliances features an eat-at island, a cozy breakfast nook adorned with large bay windows, inviting mornings bathed in sunshine. The home offers 3 spacious bedrooms with large windows and spacious closets. With all new paint throughout and many more updates, this home is a must see! Outside, you'll find an extended covered patio, and a side entry 2 car garage. A metal roof adds durability to the home's exterior, ensuring low maintenance living for years to come. Within walking distance to Spring Valley Elementary school in Midway ISD, don't wait- come see this home today!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$325,500Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$349,134
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$278,480
2025
$33,980
$244,500
$278,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$278,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Va
$325,500
Yes
First
May 27, 2025
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,768
N/A
0%
102%
$1,952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,952/mo
$-172/mo
6.8%

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.

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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: Hewitt

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