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$484,000

NAL Estimated Property Value

1516 Desert Hills Drive, Fort Worth, TX, 76052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.68 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size21,697 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN37880A-27-21
Lot Number21
SubdivisionSendera Ranch
Land UseResidential
Legal DescriptionSENDERA RANCH BLOCK 27 LOT 21
Census Tract114112
Assessed Land Value$120,000
Assessed Improvement Value$356,206
Assessment Year2025

About this property

WOW! RARE FIND!YOU ARE GOING TO LOVE THE LOT SIZE ON THIS HOME!This home sits on almost one half acre! Beautifully updated with lots of light and three living areas including a true media room. Hardwood floors are in the downstairs living area and on the stair case.Fourth bedroom can easily be used as an office .Additional features include granite counter tops in the kitchen, large pantry, SS appliances and gas cook top.Kitchen has tons of storage space with breakfast area and separate formal dining room.Master bedroom is a great size and is separate with large windows.Master bath featured a jetted tub, separate shower and dual sinks.The garage on this home is huge with a large area for storage.DON'T WAIT!

Investor Tools

Property Icon
$484,000
Estimated Property Value
$309,735Estimated Mortgage Balance
$174,265Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
$138/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,397
$476,206
2025
$120,000
$356,206
$476,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,397
$476,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$351,515
Yes
First
Apr 10, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,735
$174,265
36%
64%
$2,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,246/mo
+$424/mo
6.6%

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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1516 Desert Hills Drive | Property Details | No Agent List