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$509,000

NAL Estimated Property Value

12416 Iris Ct, Fort Worth, TX, 76126

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.24 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Lot Size23,043 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN33200-40-52
Lot Number52
SubdivisionPyramid Acres Subdivision
Land UseResidential
Legal DescriptionPYRAMID ACRES SUBDIVISION BLOCK 40 LOT 52
Census Tract111010
Assessed Land Value$63,950
Assessed Improvement Value$337,165
Assessment Year2025

About this property

ALEDO ISD! Welcome Home!! Beautiful Custom-Built in Pyramid Acres. This 4 bedroom, 3 bathrooms is move in ready sitting in a half an acre. Open floor plan with 10 ft ceilings. Luxurious primary suite with a French tub, walk-in shower, large vanity with dual sinks, quartz countertop and custom walk-in closet. The kitchen has quartz countertops, stainless steel sink, custom cabinetry, cooktop, stainless steel appliances. The living room has a wood burning fireplace. The office comes with double doors for privacy. All doors are 8 foot tall. Spacious laundry room with a washing station, covered porch, patio with a wood burning fireplace. 2 car garage. No HOA.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$265,324Estimated Mortgage Balance
$243,676Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,731
$401,115
2025
$63,950
$337,165
$401,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,731
$401,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Stand Alone First / Home Equity First Lien
$279,812
No
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,324
$243,676
47%
52%
$1,678/mo

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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12416 Iris Ct | Property Details | No Agent List