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$1,931,000

NAL Estimated Property Value

2928 Owenwood Dr, Fort Worth, TX, 76109

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.43 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Double Oven, Tankless Water Heater
FlooringHardwood, Laminate, Marble, Wood

Exterior

Exterior FeaturesBalcony
Lot Size13,103 sqft

Building Information

Year Built1956
Stories2
Garage Spaces2

Land Information

APN26360-4-19
Lot Number19
SubdivisionMockingbird Lane Addition
Land UseResidential
Legal DescriptionMOCKINGBIRD LANE ADDITION BLOCK 4 LOT 19
Census Tract105403
Assessed Land Value$614,232
Assessed Improvement Value$1,056,472
Assessment Year2025

About this property

MULTIPLE OFFERS. PLEASE SUBMIT ALL OFFERS BY 5P CST ON JULY 30TH. Timeless elegance on Owenwood Drive! Moments from Colonial Country Club, this preeminent Georgian-style home exudes classic architecture, quality renovations and versatile floor plan in the highly-sought Mockingbird addition. Exceptional features include two private offices, 5-full bathrooms, two living rooms or 5th bedroom option on first level. Upstairs, there are 4-bedrooms, each with a full-bath, 2nd office, game room and balcony. Spacious primary suite has gas fireplace, dual vanities, walk-in closet + shower. Dream kitchen has custom cabinets, quartz, ice maker, beverage fridge, double ovens, 6-burner gas cooktop, 2 walk-in pantries. Two tankless water heaters, two newer HVAC units, newer windows, wood floors, plantation shutters + more. Walls of glass seamlessly blend the outdoors capturing endless views of the private grounds from nearly every room. Dry creek along backside. Zoned Tanglewood Elementary

Investor Tools

Property Icon
$1,931,000
Estimated Property Value
$1,111,881Estimated Mortgage Balance
$819,119Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,586 /month
Positive
Cash Flow Estimate:
$3,862 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,929/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,489
$1,670,704
2025
$614,232
$1,056,472
$1,670,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,489
$1,670,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$1,125,000
No
First
Sep 24, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,111,881
$819,119
42%
58%
$6,745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
$6,745/mo
$-4,605/mo
1.3%

Learn About the Market: Opportunity in Fort Worth

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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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2928 Owenwood Dr | Property Details | No Agent List