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$351,000

NAL Estimated Property Value

1112 Albany Drive, Fort Worth, TX, 76131

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.94 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,497 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN34587-3-12
Lot Number12
SubdivisionRidgeview Farms
Land UseResidential
Legal DescriptionRIDGEVIEW FARMS BLOCK 3 LOT 12
Census Tract113930
Assessed Land Value$80,000
Assessed Improvement Value$269,457
Assessment Year2025

About this property

Beautiful Wall Home. Gorgeous curb appeal w upgraded emerald zoysia grass & upgraded irrigation system. The grass is like carpet! As you enter the wood type floors & high ceilings welcome you into the warm, inviting, and open space. Front rm could be an office, second living, or formal dining. Lg spcious kitchen w a lg island, gorgeous wood cabinetry, SS appliances including a gas cooktop & double oven. Butlers pantry and walk in pantry. Huge master w extra optional rm that could be a private sitting area, exercise room, office or whatever you need it to be. Excellent floorplan with split bedrooms. Oversized garage with sink. Extended patio w gas stub, ready for a hottub or outdoor kitchen. Roof replaced 2022

Investor Tools

Property Icon
$351,000
Estimated Property Value
$332,138Estimated Mortgage Balance
$18,862Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,502
$349,457
2025
$80,000
$269,457
$349,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,502
$349,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prodigy Inc
Conventional
$361,000
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,138
$18,862
5%
95%
$2,165/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,525/mo
+$145/mo
9.1%

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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1112 Albany Drive | Property Details | No Agent List