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$377,000

NAL Estimated Property Value

1600 Rio Secco Dr, Fort Worth, TX, 76131

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,974 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.23 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,625 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN23623N-9-1
Lot Number1
Land UseResidential
Legal DescriptionLASATER RANCH - FTW BLOCK 9 LOT 1
Census Tract113930
Assessed Land Value$85,000
Assessed Improvement Value$271,000
Assessment Year2025

About this property

Absolutely stunning home on an oversized corner lot. Immerse yourself in the open-concept floor plan, featuring 4 bedrooms, 2 bathrooms, and a 2 car garage. Upgrades include quartz countertops, stainless steel appliances, luxury vinyl plank flooring, knotty alder cabinetry, & upgraded plumbing and lighting fixtures. Unleash your culinary creativity in the gourmet kitchen, boasting expansive countertops & ample cabinet storage. The kitchen seamlessly flows into the inviting living room, adorned with a cozy fireplace, providing a warm and comfortable atmosphere. Step outside to the backyard oasis, where the covered patio overlooks an oversized yard, offering an idyllic setting for outdoor entertaining and relaxation. The community amenities include a pool, pond, walking trails, & a playground. Conveniently located near shopping centers, schools, and major highways, this property offers the perfect blend of tranquility and accessibility to meet all your daily needs.

Investor Tools

Property Icon
$377,000
Estimated Property Value
$371,473Estimated Mortgage Balance
$5,527Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$631/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,647
$356,000
2025
$85,000
$271,000
$356,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,647
$356,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Of Las Cruces
Conventional
$384,700
No
First
Jun 10, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,473
$5,527
1%
99%
$2,307/mo

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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1600 Rio Secco Dr | Property Details | No Agent List