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$354,000

NAL Estimated Property Value

1041 Iron Horse Drive, Saginaw, TX, 76131

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,496 Sq Ft
price_per_sqft$68.65 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size5,885 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN18133-26-8
Lot Number8
SubdivisionHighland Station(Saginaw)
Land UseResidential
Legal DescriptionHIGHLAND STATION(SAGINAW) BLOCK 26 LOT 8
Census Tract114003
Assessed Land Value$65,000
Assessed Improvement Value$289,000
Assessment Year2025

About this property

*SELLER MUST SELL* Bring all offers!! This 5 bedroom, 3.5 bathroom home features an open concept kitchen and living area with stainless steel appliances and plenty of storage. The master suite is on the first floor and features a garden tub, separate shower, separate vanities and a large walk-in closet. The remaining bedrooms are large as well. There is plenty of room to entertain your guests indoors or outdoors in the private backyard. NEW CARPET in carpeted areas! NEW ROOF to be put on before closing! This home is in the perfect location just minutes from downtown Fort Worth, shopping, and restaurants. It is walking distance to the elementary, middle and high schools.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$212,094Estimated Mortgage Balance
$141,906Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,673
$354,000
2025
$65,000
$289,000
$354,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,673
$354,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$233,142
Yes
First
Jul 29, 2021
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,094
$141,906
40%
60%
$1,398/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,310/mo
$1,398/mo
+$1,912/mo
11.2%

City: Saginaw

1041 Iron Horse Drive | Property Details | No Agent List