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$247,000

NAL Estimated Property Value

1036 Mckavett Dr, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.68 / 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 Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,238 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN26255B-1-15
Lot Number15
SubdivisionMission Ridge Estates
Land UseResidential
Legal DescriptionMISSION RIDGE ESTATES BLOCK 1 LOT 15
Census Tract106004
Assessed Land Value$50,000
Assessed Improvement Value$171,000
Assessment Year2025

About this property

Discover your perfect home in the serene Mission Ridge Estates Addition of Fort Worth, within the highly regarded Burleson ISD. This delightful 3-bedroom, 2-bathroom home boasts an inviting open floor plan. The spacious living area flows seamlessly into the dine-in kitchen. Retreat to the primary suite, complete with en-suite bathroom that features double sinks, walk-in closet, large garden tub and separate shower. Two additional bedrooms provide ample space for any use. Outside enjoy a large backyard with storage shed included, ideal for relaxation and entertaining. Located in a welcoming community with excellent schools, convenient access to shopping and dining in historic downtown Burleson, this home is an exceptional find. Don't miss out on making it yours!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$248,479Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,611
$221,000
2025
$50,000
$171,000
$221,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,611
$221,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$255,290
Yes
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,479
N/A
0%
101%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,531/mo
+$469/mo
9.7%

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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1036 Mckavett Dr | Property Details | No Agent List