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B+
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$231,000

324 Sheffield Dr, Fort Worth, TX, 76134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.64 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size9,374 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN16820-19-7
Lot Number7
SubdivisionHallmark Addition
Land UseResidential
Legal DescriptionHALLMARK ADDITION BLOCK 19 LOT 7
Census Tract106005
Assessed Land Value$30,000
Assessed Improvement Value$188,372
Assessment Year2025

About this property

Perfect Home for a growing family or as an investment property. 3 Bedrooms, 2 Bathrooms, 2 living rooms, big back yard and a bonus back room that can be used as a game room. This home presents a fantastic opportunity for an investor or buyer seeking a property with great potential. This property is situated in an established neighborhood, enjoy excellent proximity to local restaurants, shopping, and major highways such as I-20 and I-35, making this a convenient and well-connected location. This home offers significant potential for growth, value and enhancement, making it an ideal opportunity for those looking to personalize or invest in a prime location. With a little TLC this house can be turned into your dream home. Motivated Seller! Schedule your showing today.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$206,196Estimated Mortgage Balance
$29,365Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,259
$218,372
2025
$30,000
$188,372
$218,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,259
$218,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$206,196
Yes
First
Feb 21, 2025
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,635
$29,365
12%
87%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,237/mo
+$690/mo
10.0%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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324 Sheffield Dr | Property Details | No Agent List