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$265,000

6812 Richardson Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,175 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.53 / sqft
Year BuiltBuilt in 1973

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, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,961 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN45125-12-4
Lot Number4
SubdivisionWatauga Heights East
Land UseResidential
Legal DescriptionWATAUGA HEIGHTS EAST BLOCK 12 LOT 4
Census Tract113808
Assessed Land Value$45,000
Assessed Improvement Value$133,571
Assessment Year2025

About this property

Welcome to 6812 Richardson Dr., a charming single-story ranch-style home nestled in the heart of Watauga, Texas. This well-maintained residence offers 3 cozy bedrooms and 2 full bathrooms within its 1,175 square feet of comfortable living space. Built in 1973, this home exudes timeless appeal. The spacious yard provides ample room for outdoor activities, gardening, or simply unwinding under the Texas sky. Inside, you'll find a layout designed for both functionality and comfort, making it an ideal space for families or those seeking single-story convenience. Situated within the esteemed Birdville Independent School District. Only 13 miles from Downtown Fort Worth and the Stockyards. Beyond the home itself, the vibrant community of Watauga offers a variety of attractions: Capp Smith Park: A local favorite, this park features walking trails, fishing opportunities, and green spaces perfect for picnics and relaxation. Watauga Splash Pad: Beat the Texas heat at this family-friendly splash pad, providing fun for all ages during the summer months. Annual Community Events: Engage with neighbors at events like Watauga Fest and Hometown Christmas, fostering a strong sense of community and tradition.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$250,381Estimated Mortgage Balance
$4,403Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,502
$178,571
2025
$45,000
$133,571
$178,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,502
$178,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$250,381
Yes
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,597
$4,403
1%
98%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,502/mo
+$988/mo
12.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6812 Richardson Dr | Property Details | No Agent List