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B+
NoAgentList RatingHow are grades calculated? Info
Days112Days on Market
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$350,000

945 Lake Ridge Dr, Azle, TX, 76020

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,974 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.3 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Lot Size10,485 sqft

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN23215-1-34
Lot Number34
SubdivisionLake Ridge Estates Addition
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES ADDITION BLOCK 1 LOT 34
Census Tract114204
Assessed Land Value$36,105
Assessed Improvement Value$322,563
Assessment Year2025

About this property

RECENT PRICE REDUCTION! Welcome to your next dream home in the heart of Lake Ridge Estates, a well-established, peaceful, and family-friendly neighborhood in Azle, Texas, known for its spacious homes, mature trees, and sense of community surrounded by nature. This beautifully maintained 4-bedroom, 2-bathroom single-family home offers 1,974 square feet of comfortable living space, originally built in 1996 and lovingly updated throughout. With recent modernizations including a refreshed kitchen featuring a stylish new sink faucet, eye-catching backsplash, and updated lighting, plus beautifully remodeled bathrooms, this home feels move-in ready and fresh. Step inside to a spacious living room anchored by a cozy fireplace, perfect for relaxing evenings or gatherings with family and friends. Several rooms boast trendy accent walls that add personality and charm without overwhelming the space. The layout flows nicely, providing plenty of room for everyone. Outside, enjoy Texas living on the cute, covered patio, ideal for morning coffee, evening barbecues, or simply unwinding. The home includes a convenient two-car garage for parking and storage. Additional highlights include a brand-new HVAC system for energy-efficient comfort year-round. Location is unbeatable: You're just minutes from local grocery stores and everyday conveniences, yet only about 35 minutes from vibrant downtown Fort Worth or the iconic Fort Worth Stockyards—offering easy access to big-city amenities while enjoying the quieter, small-town feel of Azle.

Investor Tools

Property Icon
$358,668
Estimated Property Value
$343,561Estimated Mortgage Balance
$38,523Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,152 /month
Positive
Cash Flow Estimate:
$717 /month

Interested in this property?

Katy Reeves

Trinity Group Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,113
$358,668
2025
$36,105
$322,563
$358,668
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,113
$358,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$343,561
Yes
First
Sep 30, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,145
$38,523
10%
89%
$2,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,060/mo
$-470/mo
5.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Azle

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945 Lake Ridge Dr | Property Details | No Agent List