$355,000
NAL Estimated Property Value7009 Richardson Dr, Watauga, TX, 76148
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal
Exterior
Lot Size6,852 sqft
Building Information
Year Built1986
Stories1
Land Information
APN40673-6-14
Lot Number14
SubdivisionSummer Hills Addition
Land UseResidential
Legal DescriptionSUMMER HILLS ADDITION BLOCK 6 LOT 14
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$207,204
Assessment Year2025
About this property
Come see this 3 bed 2 bath home with a large game room. The home is just off of 377 which provides easy access to shopping and restaurants. The home has a nicely treed backyard. Reach out soon to schedule your showing before it goes off of the market.
Investor Tools
$355,000
Estimated Property Value
$57,764Estimated Mortgage Balance
$297,236Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,699
$257,204
2025
$50,000
$207,204
$257,204
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,699
$257,204
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Genesis Tax Loan Services Inc
Unknown
$4,166
No
First
May 12, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,764
$297,236
83%
16%
$501/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$501/mo
+$1,989/mo
8.4%
