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$389,000

1136 Gillespie Dr, Fort Worth, TX, 76247

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.38 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,489 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR989003
Lot Number10
SubdivisionTrails Of Elizabeth Creek Phase 3
Land UseResidential
Legal DescriptionTRAILS OF ELIZABETH CREEK PHASE 3 BLK 29 LOT 10
Census Tract020320
Assessed Land Value$93,306
Assessed Improvement Value$272,734
Assessment Year2025

About this property

Qualified buyers may be eligible for a 2-1 temporary interest rate buydown. Nearly new 4-2-2 in Trails of Elizabeth Creek with NO MUD tax and NO PID tax, a major monthly savings compared to nearby builder homes. Located in North Fort Worth and Northwest ISD, this single story home offers an open concept layout with modern finishes, energy efficiency, and an easy flow for today's buyers. The kitchen features quartz countertops, large island, pendant lighting, stainless steel appliances, gas range, tile backsplash, walk in pantry and a coffee bar with extra storage space, all opening into the dining and spacious living area. The private primary suite includes dual sinks, quartz vanity, oversized shower, and a large walk in closet. Wood look ceramic tile flooring runs through the main living areas and wet zones for durability, style, and easy maintenance. Enjoy the covered patio with a full sprinkler system and privacy fencing. This home is conveniently located within walking distance to the community pool, clubhouse, and playground. Easy access to everything North Fort Worth offers.

Investor Tools

$354,226Estimated Mortgage Balance
$35,411Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Kellie Morgan

Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,649
$366,040
2025
$93,306
$272,734
$366,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,649
$366,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$380,817
No
First
Sep 20, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,226
$37,774
9%
91%
$2,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,614/mo
+$506/mo
9.6%

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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1136 Gillespie Dr | Property Details | No Agent List