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$341,011

NAL Estimated Property Value

16008 Farringdon St, Fort Worth, TX, 76247

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,656 Sq Ft
price_per_sqft$210.14 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size5,663 sqft

Building Information

Year Built2020
Stories1
Garage Spaces1

Land Information

APNR765055
Lot Number9
SubdivisionTrails Of Elizabeth Creek Phase 1
Land UseResidential Single Family
Legal DescriptionTRAILS OF ELIZABETH CREEK PHASE 1 BLK 11 LOT 9
Census Tract020320
Assessed Land Value$96,268
Assessed Improvement Value$244,743
Assessment Year2025

About this property

Save up tp 50% in your electric bill with paid off Solar Panels. Welcome to this beautifully crafted home built in 2020, offering modern living with a touch of elegance. This 3-bedroom, 2-bathroom residence also features a dedicated office space, perfect for remote work or study. The living area is highlighted by a custom-built electric fireplace, adding warmth and style. You'll find detailed molding in select areas, enhancing the overall charm. Epoxy floor in the garage. Step outside to enjoy the extended concrete patio, ideal for outdoor entertaining. Situated directly in front of the amenity center, this home combines convenience with luxury living. Very easy to view. Seller offering allowance for cosmetics. Come and visit it anytime.

Investor Tools

Property Icon
$341,011
Estimated Property Value
$330,352Estimated Mortgage Balance
$11,166Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,449
$341,011
2025
$96,268
$244,743
$341,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,449
$341,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Option Mortgage Llc
Fha
$336,787
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,352
$10,659
3%
97%
$2,020/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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16008 Farringdon St | Property Details | No Agent List