Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days1534Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$455,000

6829 Cheatham Dr, Watauga, TX, 76148

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.27 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Wood

Exterior

Lot Size9,579 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN34263-3R-16
Lot Number16
SubdivisionRidgecrest Addition-Watauga
Land UseResidential
Legal DescriptionRIDGECREST ADDITION-WATAUGA BLOCK 3R LOT 16
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$310,217
Assessment Year2025

About this property

Fully furnished, move in ready property in with all furnishings included in the asking price. That's right - all furniture, bedding, kitchen and bathroom supplies, outdoor furniture, HOT TUB, grill, refrigerator, washer and dryer, pool table, artwork, and decor is included! This property has been a cash flowing short term rental and offers a great opportunity for investors who want to begin profiting right away, as well as for families who want to start enjoying the home and pool without the hassle and expense of a big move. This fantastic floor plan features two large living rooms, an office that currently serves as a 4th bedroom, three generously sized bedrooms, and a kitchen that is open to both the dining area and second living room. High ceilings and natural light make the home feel open and inviting. Wood flooring is present in the first living room, which is currently used as a game room with pool table, in the kitchen, and dining room. Brand new carpet is present in the second living room and all bedrooms. Don't forget the best part of the home: the huge yard and sparkling swimming pool! The backyard pool is large enough to swim laps and also features a tanning ledge for cool relaxing in the Texas summer heat. The fenced yard provides plenty of grassy areas for kids and pets to enjoy, as well as a storage shed that will convey to the new owner. Enjoy this peaceful and quiet Ridgecrest neighborhood in Watauga, but also take advantage of the easy access to I35, 121, and 820.

Investor Tools

$324,006Estimated Mortgage Balance
$50,224Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

Interested in this property?

Angela Hague

The Michael Group Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,774
$360,217
2025
$50,000
$310,217
$360,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,774
$360,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$341,250
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,006
$56,994
14%
87%
$2,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$2,128/mo
+$362/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6829 Cheatham Dr | Property Details | No Agent List