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240 Observation Dr; Aledo, TX Property Details

240 Observation Dr, Aledo, TX is a Single Family that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 240 Observation Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,950 square feet. The lot size of 240 Observation Dr is 6,839 square feet.

Off market  •   Pre Probate ✓
240 Observation Dr N Aledo, TX 76008
$449,000 Listing Price
3 Beds
2 Baths
1,950 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2023
  • Est. Equity / %: $485,000 / 100%
  • Gross Yield: 8.588%
  • APN: R000116825
  • Situs County: Parker
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,950/SqFt
  • Lot: 6,839/SqFt

Legal Description

  • Description: ACRES: 0.157 LOT: 34 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: 32.711327 / -97.62157
  • Subdivision: Parks Of Aledo Bluffs
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 1369

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

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

Taxes

240 Observation Dr N has 10 associated Taxes items

240 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 $499,870. The APN we've located for 240 Observation Dr is R000116825.

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Taxes
  • Assessed Value:  $499,870
  • Assessed Year:  2025
  • Assessed County:  Parker
  • APN:  R000116825
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  1141.39
  • Tax Year:  2023
  • Market Value:  499870
  • Market Year:  2025

Tax History

240 Observation Dr N has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $499,870 Land Value $75,000 Improvement Value $424,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $398,020 Land Value $52,500 Improvement Value $345,520 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 $3,140 Land Value $3,140 Improvement Value Tax Amount $1,247.76 Change Rate Assessed CR Tax Rate +0.397376%