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$314,208

NAL Estimated Property Value

1974 Downey Dr, Fort Worth, TX, 76112

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,134 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.98 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet

Exterior

Private PoolPrivate Pool
Lot Size9,357 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN25520-13-8
Lot Number8
SubdivisionMeadowbrook Estates Addition
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES ADDITION BLOCK 13 LOT 8
Census Tract106503
Assessed Land Value$50,000
Assessed Improvement Value$264,208
Assessment Year2025

About this property

This charming single-story home is nestled is on a large corner lot. Upon entering you'll be greeted by a light filled space with neutral color palette and updated light fixtures throughout. The kitchen is equipped with quartz countertops, modern stainless appliances and white subway tile backsplash. Closer to the interior of the home is the cozy family room with fireplace and luxury vinyl plank flooring. There are 4 generous sized bedrooms with plush carpeting, nice sized closets and updated bathrooms. In addition to the bedrooms there is an office and storage space that could be used as a home gym, game room or media room. Outside you'll be pleased to find an inground pool and a low maintenance backyard. There is a small pergola that would be perfect for a grilling area, bring your ideas to make this backyard an amazing hang out spot year round. A park with walking trails is at the end of the block. Eligible buyers can receive a $7,500 grant through the Chase Homebuyer Grant program.

Investor Tools

Property Icon
$314,208
Estimated Property Value
$300,569Estimated Mortgage Balance
$13,639Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,327
$314,208
2025
$50,000
$264,208
$314,208
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,327
$314,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$309,294
No
First
Oct 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,569
$13,639
4%
96%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,855/mo
+$72/mo
7.4%

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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1974 Downey Dr | Property Details | No Agent List