$190,000
NAL Estimated Property Value2978 Lana Cir, Fort Worth, TX, 76140
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
