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$190,000

NAL Estimated Property Value

2978 Lana Cir, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.73 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,726 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN500-4-5
Lot Number5
SubdivisionAlta Mesa Addition
Land UseResidential
Legal DescriptionALTA MESA ADDITION BLOCK 4 LOT 5
Census Tract106004
Assessed Land Value$40,368
Assessed Improvement Value$108,751
Assessment Year2025

About this property

Home needs some TLC. Would make a great rental

Investor Tools

Property Icon
$190,000
Estimated Property Value
$147,007Estimated Mortgage Balance
$42,993Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,296
$149,119
2025
$40,368
$108,751
$149,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,296
$149,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Conventional
$152,983
No
First
Mar 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,007
$42,993
22%
77%
$918/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$918/mo
+$1,082/mo
12.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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2978 Lana Cir | Property Details | No Agent List