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$240,000

NAL Estimated Property Value

224 N Flaxseed Lane, Fort Worth, TX, 76108

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,261 Sq Ft
price_per_sqft$182.39 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,286 sqft

Building Information

Year Built1988
Stories1
Garage Spaces2

Land Information

APN23785-2-31
Lot Number31
SubdivisionLegacy West Addition
Land UseResidential
Legal DescriptionLEGACY WEST ADDITION BLOCK 2 LOT 31
Census Tract114207
Assessed Land Value$40,000
Assessed Improvement Value$155,057
Assessment Year2025

About this property

This property is a very nice home and will sell fast. Has new HVAC replaced in 2019. Roof was replaced 8 years ago. Has some foundation issues but under warranty per seller. Home has been updated in most areas. Large backyard, with patio. Master is separate from the other two bedrooms and has a very nice den and kitchen area for a first time home home buyers. Come to see soon, wont disappoint.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$211,252,028Estimated Mortgage Balance
$240,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,613
$195,057
2025
$40,000
$155,057
$195,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,613
$195,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deutsche Bank National Trust Co
Commercial
$212,795,280
No
First
Dec 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,252,028
N/A
0%
88022%
$1,275,816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,275,816/mo
$-1,273,889/mo
9.6%

City: Fort Worth

224 N Flaxseed Lane | Property Details | No Agent List