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$299,990

517 Azalea Drive, Glenn Heights, TX, 75154

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,086 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.81 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
FlooringCarpet, Ceramic Tile, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,017 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36.6218.905.041.00.111
Lot Number41
SubdivisionMagnolia Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 41 BLK E MAGNOLIA FARMS ADDN PH 1 0.207 AC
Census Tract060216
Assessed Land Value$92,500
Assessed Improvement Value$204,229
Assessment Year2025

About this property

COMING SOON - PICTURES DONE THIS WEEK! beautiful, spacious single-family home located in the desirable Magnolia Farms subdivision. Built in 2006, this 3-bedroom, 2-bathroom property offers 2,086 square feet of living space, presenting an incredible opportunity to build immediate equity. Step inside to find an inviting, open layout with excellent baseline potential. The heart of the home is a large central living room anchored by a cozy fireplace. This space connects seamlessly to a functional kitchen and dining area, serving as the perfect canvas for modernization. The heavy lifting has already been started for you with upgraded granite countertops and fully remodeled bathrooms. With these premium updates in place, all this home needs is new flooring and a fresh coat of interior paint to truly shine. Situated on a generous lot in Ellis County, this property is heavily geared toward a savvy real estate investor looking for a high-yield rental or quick turnaround. It is equally perfect for handy buyers looking to customize their space. It won’t take much to make it standout. Make it yours today! Property is being sold AS-IS While every effort has been made to ensure this listing is accurate, Buyer(s) and Buyers agent responsible for doing due diligence concerning measurements, taxes, schools, etc.

Investor Tools

$143,020Estimated Mortgage Balance
$193,980Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

Interested in this property?

Charlene Nelson

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
$705/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,135
$296,729
2025
$92,500
$204,229
$296,729
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,135
$296,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$176,800
No
First
Jul 12, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,020
$193,980
57%
42%
$1,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,766/mo
+$314/mo
7.4%

City: Glenn Heights

517 Azalea Drive | Property Details | No Agent List