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$232,654

NAL Estimated Property Value

1308 Pine Ln, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.71 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3,045 sqft

Building Information

Year Built2006
Stories2
Garage Spaces1

Land Information

APN39549-13-91B
Lot Number91B
SubdivisionSouth Oak Grove Estates Addn
Land UseResidential
Legal DescriptionSOUTH OAK GROVE ESTATES ADDN BLOCK 13 LOT 91B
Census Tract111203
Assessed Land Value$33,539
Assessed Improvement Value$199,115
Assessment Year2025

About this property

This Fort Worth two-story home is a definite must see! The first floor offers a large open concept kitchen that boasts ample cabinets for storage, loads of counter space, stove, dishwasher and a dining area in ceramic tile all of which overlook the spacious living area. The separate laundry area sits adjacent to the kitchen and has room for a full size washer & dryer and also has shelving for storage. There is also a guest bathroom for convenience. On the second floor you will find the primary bedroom with full ensuite bathroom with large vanity and walk-in closet along with two additional bedrooms and an additional full bathroom. Great fenced-in backyard space perfect for small get-togethers or pets. With new carpeting, freshly painted throughout and a $5,000 credit at closing for a current listing price offer round out this inviting home you will be happy to call your own! Buyer to verify all information within this listing for accuracy. Pre-qual or POF required.

Investor Tools

Property Icon
$232,654
Estimated Property Value
$227,361Estimated Mortgage Balance
$5,293Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,430 /month
Positive
Cash Flow Estimate:
$477 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,603
$232,654
2025
$33,539
$199,115
$232,654
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,603
$232,654

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$241,428
Yes
First
Mar 23, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,361
$5,293
2%
98%
$1,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,448/mo
+$552/mo
10.3%

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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