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208 Observation Dr N, Aledo, TX, 76008

4beds
2baths
2,175sqft
$499,000
$229price/sqft
$3,824/moest. monthly cost
$152,960/yrincome needed

About This Home

This 4 bedroom home has the perfect layout and the finishes really make it feel luxurious! Upon entering you have two bedrooms with a bathroom in between and just down the hall is the open concept kitchen and living space. The kitchen is a dream! The island is huge and it has plenty of cabinet space, plus the living room is cozy with a gas fireplace and lots of natural light. Just off the kitchen is an additional bedroom or a great place for an office. Tucked away on a private lot with no backyard neighbors, this home offers a peaceful setting while still being just minutes from highly acclaimed Aledo ISD schools and easy access to I-20. Located in the heart of Parks of Aledo, one of Parker County’s most sought-after communities, this is a wonderful opportunity to enjoy the lifestyle, amenities, and charm of the neighborhood at an exceptional value.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

9/10
Coder Elementary SchoolGrades K-50.5 mi
8/10
Aledo High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 2022

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Chandelier,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,High Speed Internet,Kitchen Island,Vaulted Ceiling(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 2,175 sqft

Living Room

  • Level: First
  • Dimensions: 18 x 20

Master Bedroom

  • Level: First
  • Dimensions: 14 x 16

Property

Details

  • Parcel number: R000116813

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,708 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • 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 $2,523$30,276
Home Insurance *$353$4,236
Property Taxes $710$8,520
Electricity $238$2,865
Total$3,824$45,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,108/yr
40% on housing$114,720/yr
45% on housing$101,973/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

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 76008$272
Parker County$253

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
2026-04-21Price change$499,000
2026-04-02Price change$519,000
2026-03-05Listed for sale$529,900
2022-10-07Sold--
2022-08-16Pending sale$569,000
2022-08-15Contingent$569,000
2022-06-14Listed for sale$569,000

For Sale by Agent

AgentStevie Pendergrass
BrokerageLeague Real Estate

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