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$248,000

NAL Estimated Property Value

700 Polly Ave, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size18,927 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1390--21A
Lot Number21A
SubdivisionAzle Heights Addition
Land UseResidential
Legal DescriptionAZLE HEIGHTS ADDITION LOT 21A
Census Tract114205
Assessed Land Value$65,190
Assessed Improvement Value$138,314
Assessment Year2025

About this property

Charming home located on a cul-de-sac on almost a half-acre. Country paradise close to the city. Very well-kept home boast of spacious open living room flowing to kitchen and dining room, open floor plan that maximizes space and provides a warm, inviting atmosphere. The kitchen is fully equipped ample storage space. Large master bedroom enclosed garage for third bedroom. AC and water heater one year old, dishwasher 3 years old and added insulation. Outdoors has huge backyard with mature trees. She shed and Man cave shed in backyard nestled under mature trees for endless hobby projects. Plenty of room for an addition. This is a home you won't want to miss scheduling a tour of .showings with an agent after 3pm on weekdays.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$232,668Estimated Mortgage Balance
$15,332Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,315
$203,504
2025
$65,190
$138,314
$203,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,315
$203,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$245,373
Yes
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,668
$15,332
6%
94%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,472/mo
+$118/mo
7.7%

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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700 Polly Ave | Property Details | No Agent List