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$278,000

NAL Estimated Property Value

8205 Lara Ln, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,274 Sq Ft
price_per_sqft$178.89 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,261 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN14610-64-16
Lot Number16
SubdivisionFoster Village Addition
Land UseResidential
Legal DescriptionFOSTER VILLAGE ADDITION BLOCK 64 LOT 16
Census Tract113803
Assessed Land Value$50,000
Assessed Improvement Value$177,484
Assessment Year2025

About this property

**Multiple Offers Received** Please submit final and best by 5pm Saturday February 13, 2021. MOVE IN READY Home! This North Watauga Gem has it all. Updated and Affordable 3 bedroom 2 bath home updated with recent interior paint, granite counter tops in the kitchen, upgraded vanities in the master and guest bath and a huge fenced backyard. Newer stainless appliances in the kitchen and wood burning fireplace in the living. New roof installed approximately 2 years ago. Air and Heating system upgraded inside and out within the past few years. Conveniently located near Schools, Shopping and the Watauga Recreation Center. Don't miss this one! Buyers to verify all information.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$0Estimated Mortgage Balance
$278,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,229
$227,484
2025
$50,000
$177,484
$227,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,229
$227,484

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
N/A
+$2,490/mo
10.7%

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.

Explore Texas Explore This Area
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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8205 Lara Ln | Property Details | No Agent List