Large Location Icon

261 Observation Dr; Aledo, TX Property Details

261 Observation Dr, Aledo, TX is a Single Family. This property is currently Financed,New Construction and is not for sale. The lot size of 261 Observation Dr is 6,795 square feet.

Off market
261 Observation Dr N Aledo, TX 76008
$660,000 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $807,855
  • Open Loans / Balance: 1 / $619,000
  • Est. Equity / %: $-93,000 / -17.68%
  • Gross Yield: 9.582%
  • APN: R000116902
  • Situs County: Parker
  • Length Of Ownership: 2 years, 7 months

Measurements

  • Lot: 6,795/SqFt

Legal Description

  • Description: ACRES: 0.156 LOT: 40 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: 32.712265 / -97.62079
  • Subdivision: Parks Of Aledo Bluffs
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 1370

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

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

Taxes

261 Observation Dr N has 10 associated Taxes items

261 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 $660,000. The APN we've located for 261 Observation Dr is R000116902.

Unlock the full report
Taxes
  • Assessed Value:  $660,000
  • Assessed Year:  2025
  • Assessed County:  Parker
  • APN:  R000116902
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  12350.17
  • Tax Year:  2025
  • Market Value:  660000
  • Market Year:  2025

Tax History

261 Observation Dr N has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $660,000 Land Value $75,000 Improvement Value $585,000 Tax Amount $12,350.17 Change Rate Assessed CR Tax Rate +0.018712%
Year 2024 Assessed Value $600,781 Land Value $75,000 Improvement Value $525,781 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,141.39 Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $52,500 Land Value $52,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $3,120 Land Value $3,120 Improvement Value Tax Amount $1,247.76 Change Rate Assessed CR Tax Rate +0.399923%