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$599,000

116 Rasha Dr, Azle, TX, 76020

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,603 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.12 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal
FlooringConcrete

Exterior

Lot Size2 acres

Building Information

Year Built2015
Garage Spaces4

Land Information

APN11774-006-016-00
Lot Number16R
SubdivisionDeer Ridge Estates
Land UseResidential
Legal DescriptionACRES: 2.000 LOT: 16R BLK: 6 SUBD: DEER RIDGE ESTATES
Census Tract140414
Assessed Land Value$155,000
Assessed Improvement Value$445,000
Assessment Year2026

About this property

This one-owner home sits on 2 acres in a cul-de-sac. With 5 bedrooms, 3 full bathrooms, and a separate study or flex room, this home offers plenty of space inside and out. The split-bedroom floor plan includes a Jack and Jill bathroom and a spacious primary suite with separate vanities and a garden tub. The living area features a wood-burning fireplace with limestone accents throughout, crown molding, and a beautiful arched brick entryway. Home features concrete flooring throughout. The kitchen offers granite countertops, a large island, farmhouse sink, double ovens, walk-in pantry, butler's pantry, breakfast area, and a separate dining room. Additional features include a mudroom, laundry room with sink and storage, and an oversized 3-car garage with extra storage space. Outside, enjoy 2 acres with a sprinkler system and seasonal wildflowers in the spring. The covered back porch is wired for speakers, making it a great place to relax or entertain. The property also includes a private well with water treatment and softener system. With a functional floor plan, plenty of storage, and room to enjoy the outdoors, this home has so much to offer!

Investor Tools

$268,025Estimated Mortgage Balance
$375,975Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

Interested in this property?

Cary Hargrove

Heritage Homes Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,953
$600,000
2026
$155,000
$445,000
$600,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,953
$600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Va
$302,300
Yes
First
Dec 15, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,025
$375,975
58%
42%
$1,813/mo

City: Azle

116 Rasha Dr | Property Details | No Agent List