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$330,692

NAL Estimated Property Value

6700 Summit Ridge Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,270 Sq Ft
price_per_sqft$255.9 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
FlooringCeramic Tile, Laminate, Luxury Vinyl Plank

Exterior

Lot Size16,980 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN45125-2-16
Lot Number16
SubdivisionWatauga Heights East
Land UseResidential
Legal DescriptionWATAUGA HEIGHTS EAST BLOCK 2 LOT 16
Census Tract113808
Assessed Land Value$45,000
Assessed Improvement Value$285,692
Assessment Year2025

About this property

BEAUTIFULLY REMODELED, LIKE NEW, 3 bed, 2 bath home in the well established Watauga Heights East neighborhood. OVERSIZED corner lot with side entry garage. This is the largest lot in the area! Plenty of room for a pool, backyard living, and a home addition. This home has been redone down to studs. Enter into grand living room with wood burning fireplace, luxury vinyl plank through common areas, fully remodeled kitchen with an abundance of counter space, upgraded oversized tile in breakfast nook, eat in kitchen with oversized island. Both bathrooms have been fully remodeled down to studs. This home has a fresh, modern feel but still holds the character of the neighborhood and original architecture.

Investor Tools

Property Icon
$330,692
Estimated Property Value
$292,315Estimated Mortgage Balance
$38,377Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,984 /month
Positive
Cash Flow Estimate:
$661 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,995
$330,692
2025
$45,000
$285,692
$330,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,995
$330,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$310,400
No
First
Mar 21, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,315
$38,377
11%
88%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,862/mo
+$628/mo
9.0%

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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6700 Summit Ridge Dr | Property Details | No Agent List