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$309,000

NAL Estimated Property Value

10121 Sourwood Dr, Fort Worth, TX, 76244

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
price_per_sqft$198.74 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,223 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN44732H-4-32
Lot Number32
SubdivisionVista Meadows Addition
Land UseResidential
Legal DescriptionVISTA MEADOWS ADDITION BLOCK 4 LOT 32
Census Tract113935
Assessed Land Value$65,000
Assessed Improvement Value$197,000
Assessment Year2025

About this property

New paint, flooring, Quartz Countertops, Appliances in November 2024. Welcome to 10121 Sourwood Dr, a charming 3-bedroom, 2-bathroom home nestled in a peaceful and sought-after neighborhood. Priced at $299,000, this property offers incredible value for both first-time homebuyers and those looking to downsize without compromising on comfort and style. As you step inside, you'll be greeted by an inviting open floor plan, featuring a spacious living area perfect for relaxing or entertaining. The kitchen boasts modern appliances, ample counter space, and plenty of storage, making it a functional space for preparing meals and gathering with family and friends. The generous primary bedroom provides a serene retreat with a private en-suite bathroom, while the two additional bedrooms are bright, cozy, and perfect for children, guests, or a home office. Both bathrooms are updated, featuring clean lines and tasteful finishes. Outside, enjoy a well-maintained backyard that's perfect for outdoor activities, gardening, or simply unwinding in the fresh air. The home also offers a 2-car garage, providing additional storage and convenience. Located in a friendly community with easy access to local shops, schools, and parks, 10121 Sourwood Dr is an ideal place to call home. Don't miss out on this incredible opportunity—schedule a tour today and see for yourself why this home is the perfect fit for you!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$219,238Estimated Mortgage Balance
$89,762Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,939
$262,000
2025
$65,000
$197,000
$262,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,939
$262,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Stand Alone Second / Subordinate Position
$224,895
No
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,238
$89,762
29%
71%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,649/mo
+$1,231/mo
11.2%

Learn About the Market: Opportunity in Fort Worth

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Explore

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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10121 Sourwood Dr | Property Details | No Agent List