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118 Observation Dr; Aledo, TX Property Details

118 Observation Dr, Aledo, TX is a Single Family. This property is currently Financed,New Construction and is not for sale. Our records show that 118 Observation Dr has a total of 1,798 square feet. The lot size of 118 Observation Dr is 6,970 square feet.

Off market
118 Observation Dr W Aledo, TX 76008
$471,060 Estimated Value
1,798 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $648,920
  • Open Loans / Balance: 1 / $475,269
  • Est. Equity / %: $12,731 / 2.61%
  • Gross Yield: 8.105%
  • APN: R000116803
  • Situs County: Parker
  • Length Of Ownership: 2 years, 7 months

Structure

  • Stories: 1

Measurements

  • Total: 1,798/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,284/SqFt
  • Garage: 378/SqFt
  • Living: 1,798/SqFt
  • Building: 2,176/SqFt
  • Ground: 1,798/SqFt
  • Garage Unfinished: 378/SqFt
  • Price Per Square Foot: $360.91

Legal Description

  • Description: ACRES: 0.160 LOT: 11 BLK: C SUBD: PARKS OF ALEDO BLUFFS PC E-706
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aledo Independent School District
  • Lat / Lon: 32.70915 / -97.619896
  • Subdivision: Parks Of Aledo Bluffs
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 1317
  • Garage: Attached Garage

HOA

  • H O A One: $600
  • H O A Amount: $600
  • H O A One Frequency: Annual
  • H O A One Name: Poa Point Vista Hoa
  • H O A One Type: Home Owner Association

Ownership Info

118 Observation Dr W has no associated ownership info
118 Observation Dr W has no associated ownership info.

Taxes

118 Observation Dr W has 10 associated Taxes items

118 Observation Dr, Aledo, TX pays taxes in Parker County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $471,060. The APN we've located for 118 Observation Dr is R000116803.

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Taxes
  • Assessed Value:  $471,060
  • Assessed Year:  2025
  • Assessed County:  Parker
  • APN:  R000116803
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  1141.39
  • Tax Year:  2023
  • Market Value:  471060
  • Market Year:  2025

Tax History

118 Observation Dr W has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $471,060 Land Value $75,000 Improvement Value $396,060 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $479,100 Land Value $75,000 Improvement Value $404,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $52,500 Land Value $52,500 Improvement Value Tax Amount $1,141.39 Change Rate Assessed CR Tax Rate +0.021741%
Year 2022 Assessed Value $52,500 Land Value $52,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $3,200 Land Value $3,200 Improvement Value Tax Amount $1,247.76 Change Rate Assessed CR Tax Rate +0.389925%