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$259,000

NAL Estimated Property Value

6308 Melinda Drive, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.81 / sqft
Year BuiltBuilt in 1982

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 Range, Microwave, Convection Oven, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size5,798 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN40796-8-30
Lot Number30
SubdivisionSunnybrook Addition-Watauga
Land UseResidential
Legal DescriptionSUNNYBROOK ADDITION-WATAUGA BLOCK 8 LOT 30
Census Tract113810
Assessed Land Value$50,000
Assessed Improvement Value$185,344
Assessment Year2025

About this property

Multiple offers Final & Best deadline 4-30 5pm You can still find a gem in Watauga! This 3 bedroom home is a perfect canvas for you to make your own. Recently upgraded wood flooring, a new roof in 2018 and a premium dishwasher are a few items added that gives you a taste of what's possible. Located in the very desirable Birdville ISD and one of the most sought after bedroom communities in the area, you’ll find the space you need for family, friends and much more. Lifetime warranties on the foundation work and roof replacement are transferable and will give you peace of mind that the majors are in great shape. Seller will include kitchen refrigerator with the home sale. Act fast!This home will be gone in a blink

Investor Tools

Property Icon
$259,000
Estimated Property Value
$163,259Estimated Mortgage Balance
$95,741Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,356
$235,344
2025
$50,000
$185,344
$235,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,356
$235,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$149,853
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,259
$95,741
36%
63%
$1,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,067/mo
+$1,423/mo
11.5%

City: Watauga

6308 Melinda Drive | Property Details | No Agent List