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$240,000

NAL Estimated Property Value

151 Parkway Drive, Fort Worth, TX, 76134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.49 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringLaminate

Exterior

Lot Size8,141 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN18140-C-6
Lot Number6
SubdivisionHighland Terrace Addition
Land UseResidential
Legal DescriptionHIGHLAND TERRACE ADDITION BLOCK C LOT 6
Census Tract106005
Assessed Land Value$30,000
Assessed Improvement Value$175,529
Assessment Year2025

About this property

Location, Location, Location!! Beautiful Remodeled, 3-2-1 , Move-in Ready Home Nestled in a well-established neighborhood close to I35 & I20. Features a nice large Living Room with high vaulted ceiling. New Kitchen Cabinets with Granite Countertops & backsplash, New Laminate Flooring, New texture, New Paint Interior and Exterior, Both Restrooms completely remodeled with custom tile design, all new Plumbing, light fixtures and so much more!!

Investor Tools

Property Icon
$240,000
Estimated Property Value
$138,141Estimated Mortgage Balance
$101,859Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,138
$205,529
2025
$30,000
$175,529
$205,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,138
$205,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Fha
$157,102
Yes
First
Mar 17, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,141
$101,859
42%
58%
$942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$942/mo
+$985/mo
9.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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151 Parkway Drive | Property Details | No Agent List