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$617,328

NAL Estimated Property Value

648 Lookout Point Avenue, Aledo, TX, 76008

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,827 Sq Ft
price_per_sqft$162.92 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater, Water Heater
FlooringCarpet, Other, Wood

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size7,623 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR000104216
Lot Number13
SubdivisionParks Of Aledo, Point Vista Ph 1
Land UseResidential
Legal DescriptionACRES: 0.175 LOT: 13 BLK: C SUBD: PARKS OF ALEDO POINT VISTA PH 1
Census Tract140707
Assessed Land Value$75,000
Assessed Improvement Value$542,328
Assessment Year2025

About this property

Lovely mostly one level living in award winning Aledo ISD. Three car garage, four bedrooms, office space, huge master with private sitting area, outdoor entertaining space, upstairs game room, and open floorpan with kitchen living and dining. High ceilings, tons of natural light and lots of storage throughout. Neighborhood amenities include hike and bike trails, dog park, playgrounds, green space, and sidewalks for evening strolls. Smart home features, wood flooring, high end finishes, great design, and amazing floor plan. Three secondary bedrooms, and office for home work or study on mail level, and a flex space which can serve as another dining, living, or office space. Must see in Aledo!

Investor Tools

Property Icon
$617,328
Estimated Property Value
$765,012Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,704 /month
Positive
Cash Flow Estimate:
$1,235 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$617,328
2025
$75,000
$542,328
$617,328
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$617,328

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$428,800
No
First
Oct 12, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$765,012
N/A
0%
124%
$5,142/mo

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: Aledo

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648 Lookout Point Avenue | Property Details | No Agent List