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Days867Days on Market
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$595,000

$615,000

901 Medaris Way, Azle, TX, 76020

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.45 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Tile

Exterior

Lot Size1 acre

Building Information

Garage Spaces3

Land Information

APNR000122817
Lot Number7
Land UseVacant Land
Legal DescriptionACRES: 1.000 LOT: 7 BLK: B SUBD: CALHOUN ACRES F-296
Census Tract140415
Assessed Land Value$90,000
Assessed Improvement Value$525,110
Assessment Year2025

About this property

One acre. Designer finishes. Custom-built quality. This stunning MK Homes residence in Calhoun Acres combines modern farmhouse style, soaring beamed ceilings, a chef-inspired kitchen, oversized rooms, and an incredible covered patio with outdoor fireplace—all on a one acre lot with a pond behind it just minutes from Fort Worth. If you've been searching for space, style, and a home that feels better than new, 901 Medaris Way is the one. The heart of the home is a showstopping chef's kitchen featuring an oversized island, abundant custom cabinetry, sleek finishes, and an open-concept design perfect for entertaining or everyday living. The adjoining great room offers a dramatic floor-to-ceiling stone fireplace and seamless views of the expansive backyard. Thoughtfully designed for both comfort and functionality, the home features oversized bedrooms, generous closets, a dedicated office or flex room, mudroom, and an extended-depth 3-car garage. A full-size walk-up staircase in the garage leads to an oversized attic finished with spray foam insulation—built with future flexibility in mind for a buyer who wants to finish it out into a game room or additional living space. The private primary retreat offers the space and tranquility today's buyers are searching for. Step outside to your covered patio with outdoor fireplace—an ideal setting for football Saturdays, family gatherings, or quiet evenings under the Texas sky. With plenty of room for a pool, workshop, or future outdoor oasis, the acre lot provides endless possibilities. Built with full foam encapsulation for exceptional energy efficiency and located just across FM 730 from highly regarded Silver Creek Elementary, this home delivers the perfect balance of luxury, convenience, and country-style space. Easy access to Azle, Weatherford, and less than 30 minutes to Fort Worth.

Investor Tools

Property Icon
$615,110
Estimated Property Value
$544,500Estimated Mortgage Balance
$92,736Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,691 /month
Positive
Cash Flow Estimate:
$1,230 /month

Interested in this property?

Amy Allen

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,005/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$615,110
2025
$90,000
$525,110
$615,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$615,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$544,500
No
First
Apr 24, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,374
$92,736
15%
85%
$3,265/mo

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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901 Medaris Way | Property Details | No Agent List