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$617,740

NAL Estimated Property Value

124 Joe Newsom Ct, Springtown, TX, 76082

$676,135 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,444 Sq Ft
price_per_sqft$174.19 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Garden
Lot Size1.41 acres

Building Information

Year Built2002
Stories1
Garage Spaces3

Land Information

APN13252-002-008-00
Lot Number8
SubdivisionHeritage Oaks
Land UseResidential
Legal DescriptionACRES: 1.410 LOT: 8 SUBD: HERITAGE OAKS II
Census Tract140411
Assessed Land Value$85,000
Assessed Improvement Value$532,740
Assessment Year2025

About this property

Realize your dreams before the Holidays with this magnificent home in Parker County, a mere 30 minutes from downtown Fort Worth, TX. This adaptable residence boasts an air-conditioned enclosed garage, previously utilized as a catering kitchen, easily convertible back into a two-car garage. Alternatively, if garage space is not essential, it could become a splendid family or game room. The home offers 5 bedrooms and 3 full baths, including guest quarters ideal for rental income or as a mother-in-law suite, making it perfect for multi-generational living. The sellers have extensively prepared the home for listing and will not be conducting any repairs, but inspections are welcome. This expansive property, suitable for a large family or a home business, is offered at a price to sell. Please, serious buyers only! Grear sacrifices are made by the sellers who are self-employed to open their home to you! Thank you! Price is firm as we have multiple, contingent offers in hand and or have declined offers.

Investor Tools

Property Icon
$617,740
Estimated Property Value
$558,937Estimated Mortgage Balance
$58,803Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$676,134
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,706 /month
Positive
Cash Flow Estimate:
$1,235 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$617,740
2025
$85,000
$532,740
$617,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$617,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$573,361
Yes
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$558,937
$58,803
9%
90%
$3,438/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Springtown

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124 Joe Newsom Ct | Property Details | No Agent List