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221 Observation Dr; Aledo, TX Property Details

221 Observation Dr, Aledo, TX is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 221 Observation Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,186 square feet. The lot size of 221 Observation Dr is 7,928 square feet.

For Rent
221 Observation Dr N Aledo, TX 76008
$4,500 Listing Price
3 Beds
2 Baths
2,186 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $377,300
  • Open Loans / Balance: 1 / $370,346
  • Est. Equity / %: $142,654 / 27.81%
  • Gross Yield: 8.073%
  • APN: R000116882
  • Situs County: Parker
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 2,186/SqFt
  • Lot: 7,928/SqFt
  • Gross: 2,826/SqFt
  • Garage: 400/SqFt
  • Living: 2,186/SqFt
  • Building: 2,586/SqFt
  • Ground: 2,186/SqFt
  • Price Per Square Foot: $172.60

Legal Description

  • Description: ACRES: 0.182 LOT: 20 BLK: D 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: 32.710056 / -97.621895
  • Subdivision: Parks Of Aledo Bluffs
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 1370
  • Garage: Attached Garage
  • Parking: 2

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

221 Observation Dr N has no associated ownership info
221 Observation Dr N has no associated ownership info.

Taxes

221 Observation Dr N has 10 associated Taxes items

221 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 $534,500. The APN we've located for 221 Observation Dr is R000116882.

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Taxes
  • Assessed Value:  $534,500
  • Assessed Year:  2025
  • Assessed County:  Parker
  • APN:  R000116882
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  8568.91
  • Tax Year:  2023
  • Market Value:  534500
  • Market Year:  2025

Tax History

221 Observation Dr N has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $534,500 Land Value $75,000 Improvement Value $459,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $482,660 Land Value $75,000 Improvement Value $407,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $394,140 Land Value $52,500 Improvement Value $341,640 Tax Amount $8,568.91 Change Rate Assessed CR Tax Rate +0.021741%
Year 2022 Assessed Value $117,320 Land Value $52,500 Improvement Value $64,820 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $3,640 Land Value $3,640 Improvement Value Tax Amount $2,788.32 Change Rate Assessed CR Tax Rate +0.766022%