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217 Observation Dr, Aledo, TX, 76008

4beds
3baths
2,386sqft
$500,000
$210price/sqft
$3,877/moest. monthly cost
$155,080/yrincome needed

About This Home

*SELLER OFFERING A CREDIT TOWARD BUYER CLOSING COSTS OR INTEREST RATE BUY DOWN FOR QUALIFIED BUYERS, SUBJECT TO LENDER APPROVAL AND APPLICABLE PROGRAM GUIDELINES, BASED ON OFFER* Welcome to 217 Observation Drive N in the highly sought-after Parks of Aledo Bluffs, zoned to award-winning Aledo ISD. This beautifully appointed home blends refined finishes with functional design, offering an open-concept layout filled with natural light and inviting spaces for everyday living and entertaining. Just off the entry, a versatile flex space provides the perfect setting for a formal dining room, private office, or playroom. The heart of the home is the chef-inspired kitchen, featuring stainless steel appliances, a gas range, granite countertops, an oversized island, and abundant cabinetry. The kitchen flows seamlessly into the spacious living area, highlighted by a striking gas fireplace and warm, welcoming ambiance. The private primary suite offers a serene retreat with a spa-like ensuite bath complete with a large walk-in shower with bench seating, an oversized soaking tub, dual sinks, and elevated finishes designed for relaxation. Secondary bedrooms are thoughtfully positioned for privacy and comfort. An oversized laundry room adds exceptional convenience, offering generous space for folding, storage, and daily functionality. Located in one of Aledo’s most desirable communities, residents enjoy miles of hike and bike trails, parks, playgrounds, disc golf, dog parks, and expansive green space, all while experiencing the charm and community feel that define Aledo living. 217 Observation Drive N delivers luxury, flexibility, and lifestyle in one exceptional home. Schedule your private showing today!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

9/10
Coder Elementary SchoolGrades K-50.6 mi
8/10
Aledo High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Board & Batten Siding,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Gas Cooktop,Gas Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Cable TV,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 2,386 sqft

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 20 x 20

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,En Suite Bathroom,Garden Tub/Roman Tub,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 18 x 15

Property

Details

  • Parcel number: R000116880

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Wood

Lot

  • Lot size: 7,927 sqft
  • Features: Interior Lot,Landscaped,Sprinkler System

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$354$4,248
Property Taxes $734$8,808
Electricity $261$3,143
Total$3,877$46,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,925/yr
40% on housing$116,310/yr
45% on housing$103,386/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 76008$273
Parker County$254

vs Homes Sold Last Month

Median $/sqft

ZIP 76008$197
Parker County$210

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$529,900
2026-05-07Price change$534,900
2026-03-20Price change$539,900
2026-02-20Listed for sale$549,900
2024-08-12Listing removed$550,000
2024-07-19Price change$550,000
2024-02-05Listed for sale$575,000

For Sale by Agent

AgentJason Couch
BrokerageRelo Radar

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