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$309,000

NAL Estimated Property Value

1412 Nicole Way, Fort Worth, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.57 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size6,151 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN40422-5-12
Lot Number12
SubdivisionStill Meadows Addition
Land UseResidential
Legal DescriptionSTILL MEADOWS ADDITION BLOCK 5 LOT 12
Census Tract111203
Assessed Land Value$45,000
Assessed Improvement Value$171,376
Assessment Year2025

About this property

Affordable 4 bedroom, 3 bath home in Burleson School District. Great location with easy access to I-35W for easy commute. The roof was replaced in 2019 with 30 year shingles, home has an HVAC system that was replaced in 2016 with an energy efficient 2 stage heat pump. This home has a lot of potential and you have an opportunity to make it your own. Back on the market, buyer's financing fell through. Buyer should verify all information.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$151,177Estimated Mortgage Balance
$157,823Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,071
$216,376
2025
$45,000
$171,376
$216,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,071
$216,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$5,007
No
First
Mar 19, 2020
Mar 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,177
$157,823
51%
49%
$1,032/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$1,032/mo
+$1,478/mo
9.7%

City: Fort Worth

1412 Nicole Way | Property Details | No Agent List