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$425,000

2240 Drake Street, Fort Worth, TX, 76008

$440,193 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.48 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APN30005-032-030-00
Lot Number30
SubdivisionQuail Valley
Land UseResidential
Legal DescriptionLOT: 30 R1 BLK: 32 SUBD: WALSH RANCH-QUAIL VALLEY PC E-488; E-579 EXTERIOR
Census Tract140713
Assessed Land Value$115,000
Assessed Improvement Value$374,970
Assessment Year2025

About this property

WELCOME TO 2240 DRAKE STREET, FORT WORTH, TX 76008!*LOCATED IN THE MASTER PLANNED COMMUNITY OF WALSH RANCH! COMMUNITY FEATURES INCLUDE 2 POOLS, FITNESS CENTER, BASKETBALL & TENNIS COURTS, PARK, PLAYGROUND, FISHING AND WALKING TRAILS*THE HOME WAS BUILT 2021 PER TAD**ENERGY EFFICIENT HOME WITH SMART FEATURES*TOP RATED ALEDO ISD*TOWNHOME WITH SLEEK DESIGN FEATURES*PRICED AT $435,000, BELOW THE PRICE PER FOOT OF ANY OTHER TOWNHOME IN THE COMPLEX*PRICED AT $177.55 A FOOT*3 BEDROOMS*2.5 BATHS*1 LIVING*1 DINING*GAME ROOM PLUS BATH & 2 BEDROOMS ON 2ND LEVEL*PRIMARY ENSUITE LOCATED ON LEVEL 1*SHOWS BEAUTIFULLY*LVP FLOORING THROUGH MUCH OF THE HOME* 19 FOOT CEILING*NATURAL LIGHT ABOUNDS*NUMEROUS WINDOWS* MOVE IN READY*OPEN FLOOR PLAN*KITCHEN IS EQUIPPED WITH STAINLESS APPLIANCES, 4 BURNER GAS GE PROFILE COOKTOP, SINGLE WALL OVEN & MICROWAVE, BREAKFAST BAR, 42 WHITE CABINETRY, GOOSE NECK STYLE FAUCET, ISLAND WITH SEATING, DISHWASHER, WHIRPOOL FRIDGE THAT CONVEYS WITH ACCEPTABLE OFFER*WASHER & DRYER CONVEY ALSO WITH ACCEPTABALE OFFER IN DOWNSTAIRS UTILITY ROOM*THE PRIMARY ENSUITE IS LOCATED ON LEVEL 1 AND HAS CARPET FLOORING, WALK IN CLOSET, QUARTZ COUNTERS, LOWER CABINETRY, LARGE SHOWER WITH GLASS ENCLOSURE, 2 UNDERMOUNT SINKS & 2 HUNG MIRRORS*THE SPACIOUS GAME ROOM IS LOCATED ON LEVEL 2 AND OVERLOOKS THE LIVING AREA DOWNSTAIRS WITH HALF WALL*2 BEDROOM PLUS FULL BATH ON 2ND LEVEL*THE BACKYARD FEATURES WOOD PRIVACY FENCING, A COVERED BACK PATIO AND ALLEY ACCESS THROUGH THE GATE*GROUNDS ARE WELL MAINTAINED AND IT IS A DELIGHT TO LIVE AND PLAY IN WALSH RANCH*SEE 360 TOUR, AMENITIES & FEATURES LIST, FLOOR PLAN ON TRANSACTION DESK*ONE OF THE LOWEST PRICE PER FOOT IN THE NEIGHBORHOOD!*LENDER CREDIT UP TO 1% OF THE LOAN AMOUNT WHEN FINANCING THROUGH JEREMY WOODSON WITH PRIME LENDING-SEE DETAILS IN TRANSACTION DESK!

Investor Tools

$389,788Estimated Mortgage Balance
$100,182Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,193
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Sharon Hodnett

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
$386/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$489,970
2025
$115,000
$374,970
$489,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$489,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$429,069
No
First
Apr 27, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,788
$100,182
20%
80%
$1,837/mo

City: Fort Worth

2240 Drake Street | Property Details | No Agent List