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$1,299,999

31 Rancho Dr N, Fort Worth, TX, 76244

On MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$406.25 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Fire Pit, Rain Gutters, Lighting, Private Yard, Storage
Lot Size1.94 acres

Building Information

Year Built1986
Stories1
Garage Spaces3

Land Information

APN33450-6-11
Lot Number11
SubdivisionRanchette Estates
Land UseResidential
Legal DescriptionRANCHETTE ESTATES BLOCK 6 LOT 11
Census Tract113950
Assessed Land Value$291,600
Assessed Improvement Value$527,709
Assessment Year2025

About this property

Peaceful country living with the convenience of the city just minutes away. This sprawling estate offers the perfect blend of privacy, comfort, and entertainment, creating a retreat you'll never want to leave. Welcome family and friends with the soothing sounds of a tranquil waterfall as you gather in the dining room. Step outside to your own private oasis, complete with a sparkling pool, expansive outdoor living spaces, and picturesque views. Spend cozy evenings by the fireplace, roast marshmallows around the fire pit, or head to the rooftop deck for breathtaking sunsets and unforgettable stargazing. Bring your horses, chickens, and four-wheelers. This property is designed to embrace the country lifestyle without sacrificing modern convenience. The impressive barn includes a workshop that could easily be converted into a guest house or in-law suite, all overlooking a beautiful pond and the surrounding landscape. Whether you're seeking a peaceful escape, a place to entertain, or room to enjoy your favorite hobbies, this exceptional property truly offers the best of both worlds. Schedule your private showing today and experience everything this remarkable estate has to offer.

Investor Tools

$260,057Estimated Mortgage Balance
$559,252Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Melanie Hunt

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,977
$819,309
2025
$291,600
$527,709
$819,309
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,977
$819,309

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$297,000
No
First
Apr 9, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,057
$559,252
68%
32%
$1,781/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,781/mo
+$1,099/mo
4.2%

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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