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Owner Contacts

$387,317

NAL Estimated Property Value

12936 Honey Locust Cir, Fort Worth, TX, 76040

Off Market

3 Beds

2 Bath

1,866 Sq Ft

Single Family Residence

$1.28 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size5,780 sqft

Building Information

Year Built1997

Stories1

Garage Spaces2

Land Information

APN40456H-B-46

Lot Number46

SubdivisionStone Wood Addition

Land UseResidential

Legal DescriptionSTONE WOOD ADDITION BLOCK B LOT 46

Census Tract106524

Assessed Land Value$80,000

Assessed Improvement Value$307,317

Assessment Year2025

About this property

Beautiful 3 bedroom 2 bathroom 1 story home in desired HEB ISD ready for you to call home. NO CARPET AT ALL. All new wood-look tile greets you as you enter this wonderful home. Spacious master with double vanities, separate shower and tub and a large walk in closet. Other 2 bedrooms are an excellent size with walk in closets as well. Large kitchen comes with a fridge and a spacious breakfast area and plenty of counter space and cabinets. Kitchen opens to the family room with a wood burning fire place as it's center piece. Second bathroom was just renovated with fancy looking mosaic tile and tub. New efficient HVAC system and new roof will save a lot on your utility bills. To top it all off, you're literally minutes away from highway 183 and 360 and all the shopping and restaurants. Much better than renting an apartment!! Applications are on mysmartmove. Landlord will accept housing vouchers. Won't last long.

Investor Tools

$387,317

Estimated Property Value

$89,563Estimated Mortgage Balance

$297,754Estimated Equity

76% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,324 /month

Positive

Cash Flow Estimate:

$775 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$855/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,329

$387,317

2025

$80,000

$307,317

$387,317

Tax History

Year

Tax Paid

Assessed Value

2024

$8,329

$387,317

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colonial National Mortgage

Conventional

$100,000

First

Dec 14, 2020

Jan 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$89,563

$297,754

76%

23%

$600/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$600/mo

+$1,327/mo

6.0%

Learn About the Market: Opportunity in Fort Worth

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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.

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