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$499,900

1016 Oak Tree Dr, Fort Worth, TX, 76140

$516,738 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.49 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built1992
Stories1
Garage Spaces2

Land Information

APNA 915-1D25
SubdivisionKorticky, John Survey
Land UseResidential
Legal DescriptionKORTICKY, JOHN SURVEY ABSTRACT 915 TRACT 1D25
Census Tract111317
Assessed Land Value$95,000
Assessed Improvement Value$240,640
Assessment Year2025

About this property

Beautifully updated 4 Bedroom home with Mansfield ISD schools. This remodel included fresh Paint on the interior and exterior, new Luxury Vinyl Plank Flooring, new Carpeting in Bedrooms, new Ceiling Fans, new Lighting Fixtures, new Toilets, and new Door hardware. The Master Bedroom is separated from the other bedrooms in this split floor plan. The Master Suite includes a new walk-in master shower with custom tile, shampoo niche and glass sliding doors. The Master Bathroom has granite countertops, dual sinks, new faucets, new vanity lights, a new toilet, and 2 walk-in closets. The Kitchen remodel includes new Stainless Appliances, new Sink and Faucet, new Cabinet Hardware, new Lighting. The Kitchen has Granite Countertops, White Subway Tile backsplash, and 2 Pantry Cabinets. A new irrigation system was just installed for the front yard. The solar panels are paid off with zero balance.

Investor Tools

Property Icon
$555,000
Estimated Property Value
$449,910Estimated Mortgage Balance
$134,261Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$516,738
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,924
$335,640
2025
$95,000
$240,640
$335,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,924
$335,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Unknown
$449,910
No
First
Nov 18, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,739
$134,261
24%
76%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$2,698/mo
$-228/mo
5.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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1016 Oak Tree Dr | Property Details | No Agent List