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$368,301

NAL Estimated Property Value

305 Balcones Drive, Fort Worth, TX, 76108

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.33 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,971 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN38600H-1-9
Lot Number9
SubdivisionSilver Ridge Addition
Land UseResidential
Legal DescriptionSILVER RIDGE ADDITION BLOCK 1 LOT 9
Census Tract110806
Assessed Land Value$55,000
Assessed Improvement Value$313,301
Assessment Year2025

About this property

Beautiful home with an open concept and very spacious. This home features granite counter tops with a large island in the middle of the kitchen. The kitchen opens up to the living area and dining room perfect for family and friend gatherings. Front bedroom can be used as an office, ceramic tile in bathrooms and laundry room. Master bedroom with separate garden tub and shower with a big closet. Luxury vinyl throughout hallway, kitchen, dining room and living room. Huge back yard for kids and dogs. Sellers had to move out of state for work.

Investor Tools

Property Icon
$368,301
Estimated Property Value
$228,606Estimated Mortgage Balance
$139,695Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,210 /month
Positive
Cash Flow Estimate:
$737 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,796
$368,301
2025
$55,000
$313,301
$368,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,796
$368,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$241,500
No
First
Jun 26, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,606
$139,695
37%
62%
$1,448/mo

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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305 Balcones Drive | Property Details | No Agent List