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$228,000

NAL Estimated Property Value

1093 Roaring Springs Rd, Fort Worth, TX, 76114

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,156 Sq Ft
price_per_sqft$198.96 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Simulated Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1970

Land Information

APN21051C---V--1093
SubdivisionIndian Crk #2 (Condo)
Land UseResidential
Legal DescriptionINDIAN CRK #2 (CONDO) BLDG V APT 1093 & .0047 OF COMMON AREA
Census Tract102201
Assessed Land Value$28,000
Assessed Improvement Value$175,569
Assessment Year2025

About this property

FULLY renovated condo in the highly desired Indian Creek Condominium gated community. LOCATION LOCATION LOCATION! Sitting right in between Westover Hills and Westworth Village, you are just minutes from food, shopping, and the heart of downtown Fort Worth! This two story condo features two large bedrooms, one and a half baths, granite countertops, a wood burning fireplace, and your own private patio. With fresh paint, carpet, and all new flooring you are bound to fall in love! Community offers multiple pools, tennis courts, and a clubhouse. Condo comes with fridge, microwave, and washer and dryer - it's move in ready!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$170,098Estimated Mortgage Balance
$57,902Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$373/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,395
$203,569
2025
$28,000
$175,569
$203,569
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,395
$203,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Unknown
$180,000
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,098
$57,902
25%
75%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,453/mo
+$3/mo
7.7%

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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1093 Roaring Springs Rd | Property Details | No Agent List