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$237,000

724 Oak Park Dr, Azle, TX, 76020

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.33 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerMove-In Ready

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, Ice Maker, Microwave
FlooringCeramic Tile, Hardwood, Vinyl

Exterior

Exterior FeaturesFire Pit, Storage, Garden
Lot Size9,496 sqft

Building Information

Year Built1995
Stories1
Garage Spaces1

Land Information

APN23165-18-9
Lot Number9
SubdivisionLake Crest Park Addition
Land UseResidential
Legal DescriptionLAKE CREST PARK ADDITION BLOCK 18 LOT 9
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$178,593
Assessment Year2025

About this property

Charming updated home on a spacious oversized lot just minutes from Eagle Mountain Lake and approximately 1 mile from Shady Grove Park. This 3 bedroom, 2 bath home offers a warm and inviting feel with thoughtful updates already completed while still leaving opportunities for a new owner to add their own finishing touches. Seller is willing to contribute 3000 in concessions to help with flooring. The kitchen has been refreshed with updated cabinetry, countertops, added pantry storage, modern fixtures, and upgraded lighting. Additional improvements include updated bathroom features, LED lighting additions, and portions of updated flooring throughout the home. The flexible layout includes an extended utility room that provides additional interior storage space while the garage functions best for storage or workshop use. The large backyard features raised garden beds, mature cherry plumb tree, storage shed, and plenty of room for entertaining, pets, or outdoor hobbies. The covered back patio and a few interior cosmetic details could still use some finishing work, making this a great opportunity for a buyer looking to personalize a home over time while enjoying a property that is fully functional and move-in ready today. Conveniently located near parks, lake access, dining, and everyday amenities with easy access into the Fort Worth area. Schedule a showing today! Seller does have a survey on file which could save you hundreds!!

Investor Tools

$224,706Estimated Mortgage Balance
$14,019Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Melanie MacDonald

Winters Legacy Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,343
$228,593
2025
$50,000
$178,593
$228,593
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,343
$228,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$232,707
Yes
First
Jun 25, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,706
$5,294
2%
94%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,396/mo
+$194/mo
8.0%

City: Azle

724 Oak Park Dr | Property Details | No Agent List