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$235,000

6517 Cathy Drive, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.1 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Other

Exterior

Exterior FeaturesStorage
Lot Size9,065 sqft

Building Information

Year Built1971
Stories1
Garage Spaces4

Land Information

APN45120-6-5
Lot Number5
SubdivisionWatauga Heights
Land UseResidential
Legal DescriptionWATAUGA HEIGHTS BLOCK 6 LOT 5
Census Tract113809
Assessed Land Value$45,000
Assessed Improvement Value$119,877
Assessment Year2025

About this property

Lovely home in Birdville ISD is move in ready! Home features 3 bedroom, 1.5 bathroom, huge living room, 2 dining rooms, a carport for two cars and a big backyard great to entertain family and friends.

Investor Tools

Property Icon
$235,000
Estimated Property Value
$0Estimated Mortgage Balance
$47,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,339
$164,877
2025
$45,000
$119,877
$164,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,339
$164,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$202,500
No
First
May 9, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,340
$47,660
20%
80%
$1,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,215/mo
+$1,275/mo
12.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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6517 Cathy Drive | Property Details | No Agent List