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$260,000

685 Heritage Pkwy, Axtell, TX, 76624

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.54 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Water Heater
FlooringCarpet, Concrete, Ceramic Tile

Exterior

Lot Size1.99 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN120215000015019
SubdivisionChamberlain A P
Land UseResidential
Legal DescriptionCHAMBERLAIN A P ACRES 1.99
Census Tract003500
Assessed Land Value$38,710
Assessed Improvement Value$336,210
Assessment Year2025

About this property

Welcome to this exquisite ranch-style home located at 685 Heritage Pkwy in Axtell, TX. This charming residence features 3 spacious bedrooms and 2 well-appointed bathrooms, making it perfect for families or those seeking extra space. Enjoy the convenience of two dining areas that offer versatility for both casual meals and formal gatherings, along with two inviting living spaces that provide ample room for relaxation and entertainment. The home boasts a large, oversized utility room, adding practicality to your daily routines. With its open layout and abundant natural light, this property creates a warm and welcoming atmosphere throughout. Situated in a peaceful neighborhood, you'll appreciate Texas Country living on 2 acres. Don't miss the chance to experience the comfort and charm of this fantastic home—schedule your showing today!

Investor Tools

$265,324Estimated Mortgage Balance
$109,596Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,944
$374,920
2025
$38,710
$336,210
$374,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,944
$374,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$290,000
Yes
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,324
$109,596
29%
71%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,739/mo
$-432/mo
4.2%

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: Axtell

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