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$314,284

NAL Estimated Property Value

305 Rock Prairie Lane, Fort Worth, TX, 76140

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.96 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,497 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN31741H-26-20
Lot Number20
SubdivisionParks Of Deer Creek Addition
Land UseResidential
Legal DescriptionPARKS OF DEER CREEK ADDITION BLOCK 26 LOT 20
Census Tract111027
Assessed Land Value$60,000
Assessed Improvement Value$254,284
Assessment Year2025

About this property

Looking for space? Check out this spectacular well kept home in the Parks of Deer! This home has 4 spacious bedrooms and 2.1 baths with newer carpet and paint. There is a large open space upon entry that can be a flex room, office or dining room. The open kitchen is gorgeous and has a eat-in nook with box window seating and raised bar top. Your guests can relax in the family room while being apart of the kitchen party. There is also a enormous 15x25 game room upstairs with wide range views below. You will definably love the secluded master downstairs with all the perks and large backyard space. Multiple offers received, best and highest Monday 7pm

Investor Tools

Property Icon
$314,284
Estimated Property Value
$200,687Estimated Mortgage Balance
$113,597Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,886 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$439/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,348
$314,284
2025
$60,000
$254,284
$314,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,348
$314,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$222,750
No
First
Mar 5, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,687
$113,597
36%
64%
$1,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$1,775/mo
+$695/mo
9.4%

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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