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$192,000

NAL Estimated Property Value

1385 Roaring Springs Road, Fort Worth, TX, 76114

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths930 Sq Ft
price_per_sqft$145.16 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built1967
Stories2

Land Information

APN21040C-D-1385
Lot Number1385
SubdivisionIndian Creek (Condo)
Land UseResidential
Legal DescriptionINDIAN CREEK (CONDO) BLOCK D LOT 1385 & .01672 OF COMMON AREA
Census Tract102201
Assessed Land Value$29,000
Assessed Improvement Value$161,386
Assessment Year2025

About this property

Fabulous updated condo at Indian Creek featuring gated entrance, pools, excellent walking areas, & great location. This one bedroom unit features outstanding privacy from courtyard patio overlooking creek, grass & tree shaded yard, new tile flooring on this spacious outside patio with brick & wrought iron enclosure. Downstairs entry & half bath, kitchen, dining & living area with wood burning fireplace offer open living lifestyle & tile floors. Master suite takes in the entire upstairs includes outdoor balcony, stack washer & dryer, huge walk-in closet, remodeled bathtub surround, new toilets & Frieze carpet. New 2019 HVAC & more. HOA fee includes all utilities & trash. Come feel the serenity of Indian Creek!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$116,052Estimated Mortgage Balance
$75,948Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,561
$190,386
2025
$29,000
$161,386
$190,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,561
$190,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$130,625
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,052
$75,948
39%
60%
$784/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,234/mo
$1,174/mo
+$60/mo
7.7%

City: Fort Worth

1385 Roaring Springs Road | Property Details | No Agent List