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B+
NoAgentList RatingHow are grades calculated? Info

$290,000

8217 Meadowbrook Dr, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.64 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

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

Exterior

Lot Size7,536 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN14610-65-20
Lot Number20
SubdivisionFoster Village Addition
Land UseResidential
Legal DescriptionFOSTER VILLAGE ADDITION BLOCK 65 LOT 20
Census Tract113803
Assessed Land Value$50,000
Assessed Improvement Value$199,548
Assessment Year2025

About this property

AN ABUNDANCE OF OFFERS HAVE BEEN RECEIVED. A BEST AND FINAL BY THURSDAY 8-29 AT 8PM. Great 3 bedroom 2 bath home located in Watauga, Tx. Home feeds into Keller ISD. Upon entry, you will walk into a large living room with vaulted ceilings. Just off the living room you'll find a great kitchen with stainless steel appliances that also offers an ample amount of cabinets as well as a dining room attached. The primary suite has a large bedroom and bathroom attached with a separate shower and tub as well as split closets. Covered back patio with a large backyards is a great space for entertaining. Home is being sold AS IS. Seller will not make any repairs.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$287,120Estimated Mortgage Balance
$10,541Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,186
$249,548
2025
$50,000
$199,548
$249,548
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,186
$249,548

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$287,120
No
First
Nov 21, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,459
$10,541
3%
96%
$1,722/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,722/mo
+$768/mo
10.3%

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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8217 Meadowbrook Dr | Property Details | No Agent List