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$387,365

16029 Chancery Ln, Fort Worth, TX, 76247

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.02 / 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, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,841 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR765152
Lot Number2
SubdivisionTrails Of Elizabeth Creek Phase 1
Land UseResidential Single Family
Legal DescriptionTRAILS OF ELIZABETH CREEK PHASE 1 BLK 1 LOT 2
Census Tract020320
Assessed Land Value$99,973
Assessed Improvement Value$287,392
Assessment Year2025

About this property

Welcome to 16029 Chancery Lane a beautiful home in the sought-after Trails of Elizabeth Creek community! 4 Bedrooms, 2 Bathrooms, 2,010 Sq.ft. Features, Butler’s pantry with added office nook, featuring a custom sliding door for privacy. Situated on a premium lot with a spacious 7,841 sq. ft. backyard and a pergola, perfect for outdoor relaxation, Greenbelt location, no neighbors behind for ultimate privacy, Entertainment package included with built-in ceiling speakers and outdoor speakers in the backyard, perfect for hosting, Optional indoor playground in the kids' room, available upon request or can be removed, Blinds installed on all windows for a complete move-in-ready! Zoned for Northwest ISD, with access to **Hatfield Elementary**, **Pike Middle**, and **Northwest High School** Come Take a Tour Today!

Investor Tools

Property Icon
$387,365
Estimated Property Value
$382,180Estimated Mortgage Balance
$15,967Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,657
$387,365
2025
$99,973
$287,392
$387,365
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,657
$387,365

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$382,180
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,398
$15,967
4%
96%
$2,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,624/mo
+$496/mo
9.7%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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.

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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16029 Chancery Ln | Property Details | No Agent List