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$211,900

7216 Meadowbrook Drive, Watauga, TX, 76148

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.39 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

Exterior

Lot Size6,168 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN3602-6-34
Lot Number34
SubdivisionBristol Square
Land UseResidential
Legal DescriptionBRISTOL SQUARE BLOCK 6 LOT 34
Census Tract113808
Assessed Land Value$45,000
Assessed Improvement Value$208,935
Assessment Year2025

About this property

Welcome to your new home! Beautiful 2 bedroom 2 bath home in Keller ISD! Homes air ducts have been replaced, new 24 inch insulation, & radiant barrier on decking all replaced about 2 yrs ago. Also full AC system & roof replaced 2.5 yrs ago. Nice galley kitchen with a breakfast bar that is open to the dinning area & living room. Big brick wood burning fireplace in living room with a wall of windows that over looks the huge backyard. Master bedroom has tons of room with a walk in shower. Extra bonus room that is currently being used as an office space. Backyard has a great back patio to enjoy summer BBQ's with the family. Home is minutes away from Alliance Town Center with plenty of restaurant's & shops to enjoy!

Investor Tools

Property Icon
$253,935
Estimated Property Value
$0Estimated Mortgage Balance
$62,967Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,428
$253,935
2025
$45,000
$208,935
$253,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,428
$253,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$209,520
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,968
$62,967
24%
75%
$1,257/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,257/mo
+$1,233/mo
11.8%

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: Watauga

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