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$280,000

NAL Estimated Property Value

6605 High Lawn Terrace, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,373 Sq Ft
price_per_sqft$188.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size7,222 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN14610---73----9---20
Lot Number9-10A
SubdivisionFoster Village Addition
Land UseResidential
Legal DescriptionFOSTER VILLAGE ADDITION BLOCK 73 LOT 9 & 10A
Census Tract113803
Assessed Land Value$50,000
Assessed Improvement Value$226,991
Assessment Year2025

About this property

REDUCED..Wonderfully updated 3-2-2 in highly desired neighborhood. Split bedrooms that allow special privacy; open concept with great kitchen space and multiple cabinets, including a wall pantry; bay window in spacious eating area; large open living room with wood burning fireplace; over-sized, separate utility-laundry room; freshly painted; new flooring; new kitchen stove; new roof; pool-sized back yard with new wooden fencing; ceiling fans and walk-in closets in all bedrooms. Convenient to shopping, schools, and main streets. LOCATION, LOCATION, LOCATION. Don't miss this one.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$233,740Estimated Mortgage Balance
$46,260Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,450
$276,991
2025
$50,000
$226,991
$276,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,450
$276,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Infinity Mortgage Holdings Llc
Va
$255,000
Yes
First
Dec 1, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,740
$46,260
16%
83%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,529/mo
+$961/mo
10.7%

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: Watauga

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6605 High Lawn Terrace | Property Details | No Agent List