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$333,000

7016 Fall Creek Ct, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,715 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.17 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,503 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN40673-6-21
Lot Number21
SubdivisionSummer Hills Addition
Land UseResidential
Legal DescriptionSUMMER HILLS ADDITION BLOCK 6 LOT 21
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$283,582
Assessment Year2025

About this property

Super clean and well maintained home in a Cul De Sac! Nicely landscaped! Large lot with 2 storage buildings! Laminate flooring throughout the home, Gas Fireplace, and open concept. Spacious living room with a vaulted ceiling! Kitchen features: pull out shelving cabinets, mobile kitchen island, breakfast bar that opens to the living area, granite kitchen counter tops, coffee station and updated backsplash. Separate tiled dining area. Master bedroom is large enough for a sitting area and has a large walk in closet! Bathroom features: 2 sinks, granite top, separate shower and tub combo. Backyard has plenty of room for a pool! Foundation was completed and comes with a lifetime transferable warranty! There is an extra room in the garage with shelves which is perfect for the added storage room! Conveniently located to major streets, shopping and restaurants.

Investor Tools

Property Icon
$333,582
Estimated Property Value
$297,000Estimated Mortgage Balance
$46,898Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,001 /month
Positive
Cash Flow Estimate:
$667 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,996
$333,582
2025
$50,000
$283,582
$333,582
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,996
$333,582

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Conventional
$297,000
No
First
Jun 15, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,684
$46,898
14%
86%
$1,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,878/mo
+$612/mo
9.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Watauga

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7016 Fall Creek Ct | Property Details | No Agent List