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$225,000

7160 Jay Ln, Azle, TX, 76020

$271,554 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,535 Sq Ft
price_per_sqft$146.58 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Tankless Water Heater, Other
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOther
Lot Size14,810 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APNA1141-5G43
SubdivisionM E P & P Rr Co Survey #33
Land UseResidential
Legal DescriptionM E P & P RR CO SURVEY #33 ABSTRACT 1141 TRACT 5G43
Census Tract114203
Assessed Land Value$51,000
Assessed Improvement Value$129,000
Assessment Year2025

About this property

Updated Charmer minutes from Eagle Mountain Lake with shared boat dock access boasts RV Parking, 3 additional covered parking spaces & 3 Living Areas! The 18x9 open courtyard welcomes you into this freshly painted home with all-new tile flooring throughout. Possibilities are endless with the three flex living areas. 1st has a bay window, 2nd off the kitchen can serve as a formal dining or large casual living space, 3rd inside converted garage can serve as a media room or study. The charming kitchen has stainless appliances, a restaurant-grade garbage disposal, cookbook storage, 3 cm granite counters, and beadboard ceilings. The primary suite has a large closet and remodeled ensuite bath with shower-tub combo, medicine cabinet & new heat lamp. Secondary beds are spacious with built-in desk areas, large closets & direct access to the remodeled full bath with custom vanity, shower-tub combo & new heat lamp. Backyard finds a 14x12 covered patio, trumpet vines & lots of trees. Owners upgraded many windows with an easy-clean feature, the tankless H2O heater, 2016 HVAC, & 2016 Roof. New blinds. New fixtures. Only 20 minutes from Lockheed Martin.

Investor Tools

$158,097Estimated Mortgage Balance
$91,265Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$271,553
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,314
$180,000
2025
$51,000
$129,000
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,314
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Unknown
$186,200
No
First
Dec 14, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,097
$185,903
54%
63%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,117/mo
+$473/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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