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$650,000

675 Harbor Drive N, Azle, TX, 76020

On MarketInfo
Beds8 Beds
Baths8 Bath
Baths5,232 Sq Ft
QuadruplexQuadruplex
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size13,499 sqft

Building Information

Year Built1985
Stories2

Land Information

APN39250--30RA
Lot Number30RA
SubdivisionSnug Harbor Village Addition
Land UseResidential
Legal DescriptionSNUG HARBOR VILLAGE ADDITION LOT 30RA
Census Tract114204
Assessed Land Value$244,500
Assessed Improvement Value$407,276
Assessment Year2025

About this property

Nice investment property in Snug Harbor Village on Eagle Mountain lake. This lake community offers a boat ramp and swimming pool. The units are fully leased and have been for some time. Rents are under the market rate so the potential to increase rents are good. Our office has managed this property for many years. Please do a drive by first then review interior photos on all units. You can send me a letter of intent and if numbers line up we will get you in to all units.

Investor Tools

Property Icon
$651,776
Estimated Property Value
$0Estimated Mortgage Balance
$553,738Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,911 /month
Positive
Cash Flow Estimate:
$1,304 /month

Interested in this property?

Marty Gray

Real Estate By Pat Gray

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,466/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,337
$651,776
2025
$244,500
$407,276
$651,776
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,337
$651,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$220,000
No
First
Oct 27, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,038
$553,738
84%
15%
$0/mo

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: Azle

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675 Harbor Drive N | Property Details | No Agent List