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B+
NoAgentList RatingHow are grades calculated?Info

$249,756

NAL Estimated Property Value

1508 Milmo Drive, Fort Worth, TX, 76134

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone, Gas Water Heater
FlooringCarpet

Exterior

Lot Size7,558 sqft

Building Information

Year Built1960
Stories1
Garage Spaces1

Land Information

APN18055-13-3
Lot Number3
SubdivisionHighland Hills Addition
Land UseResidential
Legal DescriptionHIGHLAND HILLS ADDITION BLOCK 13 LOT 3
Census Tract106002
Assessed Land Value$22,680
Assessed Improvement Value$227,076
Assessment Year2025

About this property

Beautifully remodeled home in a quiet neighborhood. Large Kitchen, Dining area, Large Bed Rooms, New Floors, Roof and Electrical. Appliances included. Many other upgrades. Large Driveway with off-street covered parking. Spacious yard with covered patio for family gatherings. Highland Hills Park and Recreation Center are at the end of the street. Minutes from I-20 and I-35. Call Today 907-602-2361.

Investor Tools

Property Icon
$249,756
Estimated Property Value
$149,763Estimated Mortgage Balance
$99,993Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,604
$249,756
2025
$22,680
$227,076
$249,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,604
$249,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$164,000
No
First
Oct 27, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,763
$99,993
40%
60%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$984/mo
+$943/mo
9.3%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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1508 Milmo Drive | Property Details | No Agent List