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$395,000

NAL Estimated Property Value

1007 Oak Tree Dr, Fort Worth, TX, 76140

$428,886 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,500 Sq Ft
price_per_sqft$160 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APNA 915-1D10
SubdivisionKorticky, John Survey
Land UseResidential
Legal DescriptionKORTICKY, JOHN SURVEY ABSTRACT 915 TRACT 1D10
Census Tract111317
Assessed Land Value$95,000
Assessed Improvement Value$231,786
Assessment Year2025

About this property

Seller knows updating is needed. Priced accordingly. Second owner & this & previous owner were family. Country tranquility at top of small hill in Rendon with lots of green space open land behind this tree lined cul de sac with homes on one plus acres. 4Br, 3 baths, 2 car garage with workshop. Best of both worlds. Tarrant County, no city taxes nor city services, MISD, easy accessibility & treed home! This home has two primary bedrooms each split with en-suite baths plus one has adjacent den area with built ins & the design allows complete privacy from the other areas of the home. The large living area adjoins kitchen lined with cabinets & includes refrigerator plus washer, dryer remain in convenient utility closet. The 2nd primary suite has its own bath as well as another 2 bedrooms with one currently used as an office both share a hall bath. Adjacent to the oversized garage is a workshop running the width of the garage. The gated area allowing access to the garage offers lots of open patio space plus access to covered patio with ceiling fan. Show & Sell

Investor Tools

Property Icon
$395,000
Estimated Property Value
$358,626Estimated Mortgage Balance
$36,374Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$428,885
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,114
$326,786
2025
$95,000
$231,786
$326,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,114
$326,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$364,500
No
First
Jun 3, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,626
$36,374
9%
91%
$2,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,186/mo
$-186/mo
6.1%

Learn About the Market: Opportunity in Fort Worth

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Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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1007 Oak Tree Dr | Property Details | No Agent List