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$281,000

NAL Estimated Property Value

6720 Lyndale Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.73 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,743 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN33221-3-6
Lot Number6
SubdivisionQuail Hollow Addition
Land UseResidential
Legal DescriptionQUAIL HOLLOW ADDITION BLOCK 3 LOT 6
Census Tract113808
Assessed Land Value$60,000
Assessed Improvement Value$212,201
Assessment Year2025

About this property

BACK ON MARKET DUE TO BUYER'S LOAN NOT WORKING OUT! How does starting the new year in a new home sound to you? An opportunity has just presented itself for you to find the home you've been searching for—priced UNDER $300,000! A brand-new roof was just completed which adds tremendous value! This charming residence boasts a lovely exterior featuring a roof dormer and a bay window in the kitchen, complemented by a striking metal roof accent. The Kitchen has stainless steel appliances and an open bar area looking into Living Room & Dining Room; there's even a perfect little place to set up a coffee bar! The Living Room has pretty wood laminate flooring and a cozy wood-burning fireplace, perfect for snuggling up this winter with a good book and your favorite show. You'll love the plantation shutters that invite in abundant natural light, creating a warm and inviting atmosphere. The primary bedroom features a stunning wall of windows allowing you to gaze out over the spacious, private backyard. Enjoy outdoor gatherings in the large fenced yard, complete with a lovely covered patio that's ideal for entertaining family and friends! Conveniently located near excellent shopping and dining options, this home is a fantastic opportunity! The sellers are motivated for a quick sale, which is why they’ve set a lower list price and won’t be making repairs; but to sweeten the deal, they’re also leaving the washer, dryer, and refrigerator for the lucky new owners!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$268,430Estimated Mortgage Balance
$12,570Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,127
$272,201
2025
$60,000
$212,201
$272,201
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,127
$272,201

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$274,928
Yes
First
Jan 22, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,430
$12,570
4%
96%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,649/mo
+$841/mo
10.6%

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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6720 Lyndale Dr | Property Details | No Agent List