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$360,000

1953 Velarde Rd, Fort Worth, TX, 76131

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,802 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.78 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Garden
Lot Size5,663 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN31821-61-14
Lot Number14
SubdivisionParr Trust
Land UseResidential
Legal DescriptionPARR TRUST BLOCK 61 LOT 14
Census Tract113930
Assessed Land Value$75,000
Assessed Improvement Value$280,315
Assessment Year2025

About this property

Welcome to this beautifully maintained CORNER LOT home in a prime location! Inside you'll find natural hardwood floors throughout the dining room, living room, and primary bedroom. Work from home? There is a private office perfectly dedicated to a work space. Upgrades in the home include: Solar panels - PAID OFF AT CLOSING, the pergola in the backyard - lights are staying, the fully owned security system -WILL STAY if requested and features 3 exterior cameras and a front doorbell camera, and lastly if desired, the curtains and rods will stay, along with the TV mounts. All included, saving you HUNDREDS! Just a few blocks away you'll find the community park & pool sitting on a large green space. Perfect for outdoor relaxing and enjoying the hot summer months! Looking for convenient shopping and dining? Across the street you'll find a Kroger, and directly next to the neighborhood is the NEWLY built shopping - dining center all within walking distance. In addition, the Alliance & Presidio shopping centers are 10 minutes away right off of I-35. Saginaw High School is also a 10 minute walk or 5 minute drive, matching convenience for all lifestyles - schools, shopping, dining, outdoor amenities. The keys to your home are waiting! Don't hesitate, come see it today!

Investor Tools

Property Icon
$355,315
Estimated Property Value
$278,000Estimated Mortgage Balance
$82,210Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$436/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,763
$355,315
2025
$75,000
$280,315
$355,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,763
$355,315

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$278,000
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,105
$82,210
23%
77%
$1,667/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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1953 Velarde Rd | Property Details | No Agent List