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$490,000

NAL Estimated Property Value

12904 Parade Grounds Lane, Fort Worth, TX, 76244

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,760 Sq Ft
price_per_sqft$115.91 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting
Lot Size5,663 sqft

Building Information

Year Built2010
Stories2
Garage Spaces2

Land Information

APN37482-20-48
Lot Number48
SubdivisionSaratoga
Land UseResidential
Legal DescriptionSARATOGA BLOCK 20 LOT 48
Census Tract113940
Assessed Land Value$85,000
Assessed Improvement Value$374,645
Assessment Year2025

About this property

Immaculate 4 bedroom popular floor plan located in the highly desired community of Saratoga. No updates were missed in this Move In Ready home! Features include wood flooring in most common areas, updated light fixtures to give the home a fresh look. The open concept kitchen features granite, backsplash + 42 in cabinets. Upstairs features a large flex space perfect for a game room or additional living area. Pool sized backyard. Located within walking distance to parks, community pool, walking trails, + the award winning Kay Granger Elementary.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$283,759Estimated Mortgage Balance
$206,241Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,443
$459,645
2025
$85,000
$374,645
$459,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,443
$459,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Unknown
$330,456
No
First
Apr 11, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,759
$206,241
42%
58%
$1,982/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$2,240/mo
+$1,330/mo
8.7%

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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12904 Parade Grounds Lane | Property Details | No Agent List