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$280,000

NAL Estimated Property Value

904 Lake Crest Parkway, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,667 Sq Ft
price_per_sqft$143.97 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size9,156 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN23165-1-2
Lot Number2
SubdivisionLake Crest Park Addition
Land UseResidential
Legal DescriptionLAKE CREST PARK ADDITION BLOCK 1 LOT 2
Census Tract114204
Assessed Land Value$50,000
Assessed Improvement Value$209,340
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED. DEADLINE FOR BEST & FINAL IS MONDAY, JULY 19 AT 9AM** Charming 3 bedroom, 2 bath house nestled in the quiet Lake Crest Park Addition. Large family room with wood burning fireplace and high ceilings. Great breakfast area with bay windows and galley kitchen, granite countertops, stainless appliances. Spacious master suite with fabulous master bath that includes his and her closets, dual sinks, tub, and separate shower. Large backyard that's perfect for family gatherings and entertaining. Fridge, Washer and Dryer convey.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$227,542Estimated Mortgage Balance
$52,458Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,760
$259,340
2025
$50,000
$209,340
$259,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,760
$259,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Creek Mortgage Llc
Unknown
$250,123
No
First
Aug 17, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,542
$52,458
18%
81%
$1,500/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,500/mo
+$90/mo
6.8%

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: Azle

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904 Lake Crest Parkway | Property Details | No Agent List