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$339,000

2864 Houston Wood Dr, Fort Worth, TX, 76244

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,854 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.85 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
FlooringCarpet, Wood

Exterior

Lot Size5,497 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APN44715T-137-17
Lot Number17
SubdivisionVillages Of Woodland Springs W
Land UseResidential
Legal DescriptionVILLAGES OF WOODLAND SPRINGS W BLOCK 137 LOT 17
Census Tract113940
Assessed Land Value$70,000
Assessed Improvement Value$246,000
Assessment Year2025

About this property

Welcome to this beautifully maintained 4 bedroom, 2.5 bath home with a 2 car garage, nestled in the highly desirable Villages of Woodland Springs Neighborhood and zoned to acclaimed Northwest ISD, with the new high school within walking distance. Located on a corner lot with generous parking. Thoughtfully designed with functionality and comfort in mind, with an open-concept layout. Upon entry, you are greeted by wood floors and brand new carpet with transferable warranty with a nice-sized half bath and closet. The living room features barn doors, crown molding, and custom shelving. The open-concept living area flows into the kitchen, featuring additional crown molding, granite countertops, a custom island that matches the cabinetry, custom corner shelving in the dining area, and all-electric appliances. The primary suite is tucked away just off the kitchen, located in the back of the home on the 1st floor, and offers a relaxing escape. The crown molding continues in the bed and bathroom. It offers a garden tub with a separate shower, a custom cabinet above the toilet, and additional shelving and hanging space in the generous primary walk in closet. Outside the primary, a large linen closet. A nice utility room, complete with a custom counter for folding, and an additional hanging rod that extends the length of the room for those line-dry items. Also located outside of the utility room is an additional linen closet. The upstairs has a nice-sized game room with three bedrooms just off that area. The bathroom has been updated with a shower glass installed. One bedroom has wood flooring, and the other two are carpeted. AC tune up done recently. The house has fresh paint throughout the inside in neutral colors. Enjoy a 10x10 patio with room to expand, and a nice-sized backyard. This property is located in a vibrant community offering 6 pools, a playground, catch and release ponds, miles of bike and jogging trails, volleyball courts, and a tennis-pickleball court.

Investor Tools

$102,361Estimated Mortgage Balance
$243,639Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Jerry Heaton

Heaton Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$436/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,015
$316,000
2025
$70,000
$246,000
$316,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,015
$316,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$153,253
Yes
First
Jul 30, 2012
Aug 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,361
$256,639
71%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$436/mo
+$3,134/mo
12.4%

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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2864 Houston Wood Dr | Property Details | No Agent List