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$345,087

NAL Estimated Property Value

1044 Mckavett Drive, Fort Worth, TX, 76140

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.21 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size8,999 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN26255B-1-17
Lot Number17
SubdivisionMission Ridge Estates
Land UseResidential
Legal DescriptionMISSION RIDGE ESTATES BLOCK 1 LOT 17
Census Tract106004
Assessed Land Value$50,000
Assessed Improvement Value$295,087
Assessment Year2025

About this property

Multiple Offers Received. Highest and Best by 5:00 p.m. Sunday June 6th. This amazing house, built by Choice, has been well maintained and updated. This home, which sits on a corner lot, offers four bedrooms and two baths, with two oversized living areas and two dining areas. The backyard with the pool, pergola and landscaping is more of an oasis where you will want to entertain your friends. Perfect timing to buy this home and enjoy the summer. It is a Must See!

Investor Tools

Property Icon
$345,087
Estimated Property Value
$204,295Estimated Mortgage Balance
$140,792Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,071 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,941
$345,087
2025
$50,000
$295,087
$345,087
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,941
$345,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$225,000
No
First
Jul 8, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,295
$140,792
40%
59%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,349/mo
+$651/mo
7.0%

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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1044 Mckavett Drive | Property Details | No Agent List