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$397,460

NAL Estimated Property Value

6955 Allyn Dr, Azle, TX, 76020

$400,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths528 Sq Ft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size19,384 sqft

Building Information

Year Built1975
Stories1
Garage Spaces1

Land Information

APNA1141-5G01
SubdivisionM E P & P Rr Co Survey #33
Land UseResidential
Legal DescriptionM E P & P RR CO SURVEY #33 ABSTRACT 1141 TRACT 5G01
Census Tract114203
Assessed Land Value$280,268
Assessed Improvement Value$117,192
Assessment Year2025

About this property

Discover a rare and remarkable opportunity to own nearly an acre of prime waterfront property on the main body of Eagle Mountain Lake. Situated on a desirable flag lot, this offering includes two parcels being sold together, accessed by a long private easement that ensures both privacy and exclusivity. Perched on an elevated setting, the property showcases sweeping lake views and the kind of natural beauty that makes this the perfect canvas for your custom dream home. Whether you're envisioning a full-time residence or a private weekend retreat, this is the ideal spot to bring your vision to life just in time for summer. The lot currently features an existing structure, which includes electricity and a water well—adding both convenience and value. While the well has not been used in some time and may require evaluation, the presence of these utilities offers a head start for future development. With panoramic views, serene surroundings, and direct access to one of North Texas's most treasured lakes, this is a rare find that combines location, potential, and lifestyle. Don’t miss your chance to claim a piece of Eagle Mountain Lake and create something truly special.

Investor Tools

Property Icon
$397,460
Estimated Property Value
$0Estimated Mortgage Balance
$397,460Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$400,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,682
$397,460
2025
$280,268
$117,192
$397,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,682
$397,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,460
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
N/A
+$1,590/mo
4.8%

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: Azle

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6955 Allyn Dr | Property Details | No Agent List