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$302,000

NAL Estimated Property Value

2609 Tar Heel Dr, Fort Worth, TX, 76123

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.39 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,534 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN25413-20-3
Lot Number3
SubdivisionMeadow Creek South Addition
Land UseResidential
Legal DescriptionMEADOW CREEK SOUTH ADDITION BLOCK 20 LOT 3
Census Tract111026
Assessed Land Value$40,000
Assessed Improvement Value$262,000
Assessment Year2025

About this property

Discover the untapped potential of this charming 2-story single-family home in Fort Worth, Texas, in need of a little TLC. Nestled in a sought-after neighborhood, this residence offers a solid foundation for your personal touch and creativity. With two stories of living space, this fixer-upper provides ample room for improvement and customization. Imagine the possibilities as you embark on a journey to make this house your own. Whether you're an aspiring homeowner or seasoned renovator, this property represents a fantastic opportunity to invest in and enhance a home in a prime Fort Worth location. Embrace the chance to transform this dwelling into a personalized haven that suits your style and preferences. Price reflects condition

Investor Tools

Property Icon
$302,000
Estimated Property Value
$202,477Estimated Mortgage Balance
$99,523Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,845 /month
Positive
Cash Flow Estimate:
$615 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,139
$302,000
2025
$40,000
$262,000
$302,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,139
$302,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$211,400
No
First
Jan 19, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,477
$99,523
32%
67%
$1,268/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,568/mo
+$1,312/mo
11.4%

City: Fort Worth

2609 Tar Heel Dr | Property Details | No Agent List