$344,000
NAL Estimated Property Value2977 Salado Trail, Fort Worth, TX, 76118
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size4,844 sqft
Building Information
Year Built1988
Stories2
Garage Spaces2
Land Information
APN34557-14-2
Lot Number2
SubdivisionRiver Trails Addition
Land UseResidential
Legal DescriptionRIVER TRAILS ADDITION BLOCK 14 LOT 2
Census Tract106526
Assessed Land Value$70,000
Assessed Improvement Value$274,000
Assessment Year2025
About this property
Beautiful well-maintained home in sought after River Trails! Family oriented community offers walking and bike paths, private stocked ponds and several parks. Enjoy walking your children to the nearby elementary school. Home has a wonderful open concept living area with vaulted ceilings and unique loft area with spiral staircase. Enjoy the view of the lake and greenbelt from your backyard! Conveniently location close to all major highways and the TRE. Fresh paint and New Floors.
Investor Tools
$344,000
Estimated Property Value
$228,523Estimated Mortgage Balance
$115,477Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,348
$344,000
2025
$70,000
$274,000
$344,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,348
$344,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$219,780
Yes
First
Sep 16, 2019
Oct 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,523
$115,477
33%
66%
$1,552/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,552/mo
+$375/mo
6.7%
