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$256,000

NAL Estimated Property Value

221 Flaxseed Lane, Fort Worth, TX, 76108

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.54 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCeramic Tile

Exterior

Lot Size7,871 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN46280-32-14
Lot Number14
SubdivisionWestpoint Addition (Ft Worth)
Land UseResidential
Legal DescriptionWESTPOINT ADDITION (FT WORTH) BLOCK 32 LOT 14
Census Tract110805
Assessed Land Value$50,000
Assessed Improvement Value$193,833
Assessment Year2025

About this property

Lovely re-model. Paint, Tile, Granite, Appliances, Flooring, Fans, Lighting Mirrors and fixtures new in July and August 2021. Roof new in July 2021. Great natural light, vaulted ceilings. Buyer to verify room sizes, schools and amenities.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$178,926Estimated Mortgage Balance
$77,074Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,296
$243,833
2025
$50,000
$193,833
$243,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,296
$243,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$195,200
Yes
First
Dec 9, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,926
$77,074
30%
70%
$1,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,171/mo
+$756/mo
9.0%

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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221 Flaxseed Lane | Property Details | No Agent List