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$612,000

1020 Merion Dr, Fort Worth, TX, 76028

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Dishwasher, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringConcrete

Exterior

Lot Size8,276 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN41847-14-16
Lot Number16
SubdivisionThomas Crossing Addition
Land UseResidential
Legal DescriptionTHOMAS CROSSING ADDITION BLOCK 14 LOT 16
Census Tract111204
Assessed Land Value$90,000
Assessed Improvement Value$468,685
Assessment Year2025

About this property

Stunning 4 Bedroom, 3.1 Bath brick home! This beautiful custom home features an open floorplan that's perfect for spending time with the family or hosting friends. Stained concrete flooring scored to look like hardwood floors. Study & formal dining room off entry. The kitchen has a farmhouse sink, tile backsplash, gas stove top, ss appliances, bkfst bar & 2 pantries. The spacious living room, open to the breakfast nook and kitchen, has a floor to ceiling stacked stone gas fireplace, wood beams and plenty of natural light. The primary bedroom has a dreamy ensuite with separate vanities, freestanding bathtub, walk-in shower & closet that leads to utility room. The second bedroom master suite also has a private ensuite & a private living room. The remaining 2 bedrooms share a jack & jill bathroom. Mud room by garage. Relax outside under the covered patio that overlooks the lg backyard. Minutes from Southern Oaks golf & tennis club, food & shopping and a short 25 min commute to Fort Worth

Investor Tools

Property Icon
$612,000
Estimated Property Value
$480,000Estimated Mortgage Balance
$147,017Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,672 /month
Positive
Cash Flow Estimate:
$1,224 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,430
$558,685
2025
$90,000
$468,685
$558,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,430
$558,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$480,000
No
First
Aug 20, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,983
$147,017
24%
76%
$2,878/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1020 Merion Dr | Property Details | No Agent List