RENTED AUG 5, 2025

238 Observation Dr W Aledo, TX 76008

Estimated Value: $481,000 - $500,510

4 Beds
3 Baths
2,850 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 28, 2024

Current estimated payment $2,646/month

Highlights

  • 2 Car Attached Garage
  • Coder Elementary School Rated A
  • Gas Log Fireplace

About This Home

As of August 2025

Luxury Clarity Home close to 12 acres of manicured park space and 11 miles of hiking and biking trails located in Parks of Aledo. Featuring wood like vinyl floors throughout. Signature brick archway, gas fireplace and range, Eco bee 4 Smart thermostat and 2 USB plugs. Designer urban luxury features including dream kitchen with an expansive eat-in island, designer lighting, full landscaping package with irrigation and much more.

Last Agent to Rent the Property

Gary Zhang

Everbright Realty LLC Brokerage Phone: 469-879-8570 License #0558935 Listed on: 05/29/2025

Last Renter's Agent

Lauren Cunningham

Doty Real Estate LLC License #0638380

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 6,839 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Coder Elementary School
  • Mcanally Middle School
  • Aledo High School

Community Details

  • Jrh Partners Parks Of Aledo Association
  • Parks Of Aledo Bluffs Subdivision

Listing and Financial Details

  • Residential Lease
  • Property Available on 6/1/25
  • Tenant pays for all utilities
  • Legal Lot and Block 33 / C
  • Assessor Parcel Number R000116824

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Call, No
  • Tenant Pays: All Utilities
  • Available Date: 2025-06-01

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: Two
  • Attribution Contact: 469-879-8570
  • Co List Office Mls Id: EBR01C
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48367:R000116824
  • Special Features: 4098

Interior Features

  • Square Footage: 2850.0
  • Fireplace Features: Gas, Gas Log, Living Room
  • Appliances: Dishwasher, Gas Cooktop, Disposal
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool Features: None

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association Name: JRH Partners- Parks of Aledo

Schools

  • Elementary School: Coder
  • High School: Aledo
  • Junior High Dist: Aledo ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.157
  • Parcel Number: R000116824
  • Lot Size Acres: 0.157
  • Lot Size Sq Ft: 6838.92

Building Info

  • Year Built: 2023

Tax Info

  • TaxBlock: C
  • Tax Lot: 33

MLS Schools

  • MiddleOrJuniorSchool: McAnally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
May 28, 2024
Sold by
Clarity Homes Ltd
Bought by
Zhang Yueheng
Seller's Agent
Cassady Kirk
Railhead Realty, LLC
Buyer's Agent
Gary Zhang
Everbright Realty LLC
List Price
$659,000
Views
31
Current Estimated Value
$490,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.54%
Original Mortgage
$310,800
Outstanding Balance
$305,821
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$184,934

Purchase Details

Closed on
Jul 19, 2023
Sold by
Poa Bluffs Llc
Bought by
Clarity Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Yueheng -- None Listed On Document
Clarity Homes Ltd -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yueheng $310,800
Previous Owner Clarity Homes Ltd $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2025 08/05/25 Rented $4,300 0.0% --
07/20/2025 07/20/25 Price Changed $4,300 +4.9% $2 / Sq Ft
07/08/2025 07/08/25 Price Changed $4,100 -4.7% $1 / Sq Ft
06/16/2025 06/16/25 Price Changed $4,300 -4.4% $2 / Sq Ft
05/29/2025 05/29/25 For Rent $4,500 0.0% --
05/28/2024 05/28/24 Sold -- -- -- View Prior Sale
04/22/2024 04/22/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $559,000 -8.2% $196 / Sq Ft
02/15/2024 02/15/24 Price Changed $609,000 -4.7% $214 / Sq Ft
12/11/2023 12/11/23 Price Changed $639,000 -3.0% $224 / Sq Ft
09/22/2023 09/22/23 For Sale $659,000 -- $231 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,141 $518,000 $75,000 $443,000
2024 $1,141 $324,100 $52,500 $271,600
2023 $1,141 $52,500 $52,500 --
2022 $1,255 $52,500 $52,500 $0
2021 $68 $3,140 $3,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20952013

North Texas Real Estate Information Systems (NTREIS)

APN: R000116824