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Owner Contacts

$315,371

NAL Estimated Property Value

1517 Redstone Dr, Fort Worth, TX, 76112

Off Market

4 Beds

2 Bath

1,822 Sq Ft

Single Family Residence

$169.87 / sqft

Built in 2000

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringLaminate

Exterior

Exterior FeaturesDog Run

Lot Size6,970 sqft

Building Information

Year Built2000

Stories1

Garage Spaces2

Land Information

APN8300-2-13

Lot Number13

SubdivisionCooke's Meadow Addition

Land UseResidential

Legal DescriptionCOOKE'S MEADOW ADDITION BLOCK 2 LOT 13

Census Tract106512

Assessed Land Value$70,000

Assessed Improvement Value$245,371

Assessment Year2025

About this property

This beautiful 4 bedroom 2 bath home is nestled in a quiet well established neighborhood! It has new paint, a new fence, new roof, flex space that can be used for a 2nd living area, office space, or whatever fits your family’s needs! The room sizes are great for any age and the master bedroom is separate from the other three bedrooms which is always nice! The master suite has a separate shower and tub, double sinks and nice size walk-in closet space! This property’s floor plan is great for entertaining with a kitchen bar over looking the main living room, and separate nook area! It is listed just in time for some great backyard BBQ’s and plenty of backyard space with a dog run for our dog lovers! It is also nearby Uplift Crescendo Preparatory as a school of choice option as well! This house is a must see! Come check out this beautiful home!

Investor Tools

$315,371

Estimated Property Value

$293,279Estimated Mortgage Balance

$22,092Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,892 /month

Positive

Cash Flow Estimate:

$631 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$577/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,351

$315,371

2025

$70,000

$245,371

$315,371

Tax History

Year

Tax Paid

Assessed Value

2024

$5,351

$315,371

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Fha

$309,294

Yes

First

Jul 17, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$293,279

$22,092

93%

$1,855/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,385/mo

$1,855/mo

+$530/mo

9.1%

Learn About the Market: Opportunity in Fort Worth

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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.

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