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$279,900

6545 Meadowlark Ln E, Watauga, TX, 76148

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,361 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.66 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size9,527 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN40673-12-5
Lot Number5
SubdivisionSummer Hills Addition
Land UseResidential
Legal DescriptionSUMMER HILLS ADDITION BLOCK 12 LOT 5
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$195,000
Assessment Year2025

About this property

$30k below market, no HOA, and great schools?! Yes, this phenomenal deal is located in the coveted Summer Hills Addition of Watauga and Birdville ISD! Attention do it yourselfer's...imagine your dream home and then make it happen in this lovely open floor plan priced $30k below market. Perfect for a 203k streamline mortgage allowing for up to $35k in cosmetic repair money to be rolled into the loan! Recent updates include newly stained lower cabinetry throughout the home, a new AC unit about 8 months old, new exterior wood & paint around back windows, chimney, and where needed around the home, a new back door, newer dishwasher, newer water heater, and foundation repair with a lifetime warranty and passed structural engineers report. Needs flooring, kitchen backsplash, bathroom updates, and general items to taste. Crown molding has been purchased and is in the garage to use at your discretion. Amazing school district and quiet established neighborhood with NO HOA! Kitchen boasts 3cm granite countertops, gas range, undermount sink, real wood cabinetry, and stainless steel appliances! Missing cabinet door has been ordered and will be replaced prior to closing. Spacious primary bedroom is perfect for a peaceful night's rest and primary bath boasts granite countertops, dual sinks, and glass block tub wall. Close to freeways, shopping and entertainment! Don't just settle, let your dream home unfold before your eyes...welcome to your vision! All information contained within the listing deemed reliable but not guaranteed, being sold As Is.

Investor Tools

$44,099Estimated Mortgage Balance
$232,901Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

La-Nell Byerly

At Home Properties, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,601
$245,000
2025
$50,000
$195,000
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,601
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Unknown
$89,898
No
First
Feb 8, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,099
$232,901
84%
16%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
N/A
+$2,490/mo
10.8%

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.

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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