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$276,413

NAL Estimated Property Value

1016 Trinidad Drive, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,545 Sq Ft
price_per_sqft$109.9 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size6,534 sqft

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APN26255B-1-30
Lot Number30
SubdivisionMission Ridge Estates
Land UseResidential
Legal DescriptionMISSION RIDGE ESTATES BLOCK 1 LOT 30
Census Tract106004
Assessed Land Value$50,000
Assessed Improvement Value$226,413
Assessment Year2025

About this property

BURLESON ISD! This is a precious home that has been meticulously maintained! The huge kitchen offers lots of storage, large closet pantry, is open to the dining and living area, and is designed to have an eat-in breakfast area as well. The living and second dining area are in an open arrangement. There is a corner fireplace and rich laminate flooring. The master suite is a split arrangement and the master bath offers a separate tub and shower. This is a wonderful floorplan perfect for couple or young family. The Huge front porch is perfect for watching the kids play and has plenty of space for furniture. The home is located on a nicely landscaped lot located towards the end of the culdesac. Great Price too!!!

Investor Tools

Property Icon
$276,413
Estimated Property Value
$136,017Estimated Mortgage Balance
$140,396Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,658 /month
Positive
Cash Flow Estimate:
$553 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,522
$276,413
2025
$50,000
$226,413
$276,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,522
$276,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$158,400
No
First
Apr 19, 2019
May 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,017
$140,396
50%
49%
$950/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$950/mo
+$1,050/mo
8.7%

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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1016 Trinidad Drive | Property Details | No Agent List