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$332,000

NAL Estimated Property Value

16228 Red River Ln, Fort Worth, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR245920
Lot Number38
SubdivisionHarriet Creek Ranch Ph 1
Land UseResidential
Legal DescriptionHARRIET CREEK RANCH PH 1 BLK 17 LOT 38
Census Tract020320
Assessed Land Value$68,265
Assessed Improvement Value$243,721
Assessment Year2025

About this property

Located in the sought after Northwest ISD, this home has a lot to offer! The first floor is a large, open floor plan with 3 bedrooms (including the master bedroom), 2 baths, dining room, office, living room and the kitchen. Located on the 2nd floor is a large gameroom with a large walk in closet. If you are looking for storage, this home has it! If you are looking in the Northwest ISD, Justin area, look no further, this home is ready for you! The office downstairs or game room upstairs can be converted into another bedroom!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$323,648Estimated Mortgage Balance
$8,352Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
$78/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,302
$311,986
2025
$68,265
$243,721
$311,986
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,302
$311,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$348,570
Yes
First
Jul 11, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,648
$8,352
2%
97%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,168/mo
+$952/mo
11.3%

City: Fort Worth

16228 Red River Ln | Property Details | No Agent List