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$265,000

NAL Estimated Property Value

3412 Park Lake Dr, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.79 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size7,379 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN45580-206-27
Lot Number27
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 206 LOT 27
Census Tract105703
Assessed Land Value$40,000
Assessed Improvement Value$220,000
Assessment Year2025

About this property

Welcome to 3412 Park Lake Dr in Fort Worth! This charming home boasts a prime location across from the park and walking trail, offering scenic views and recreational opportunities right outside your door. Inside, you'll discover a spacious primary bath with a sunken tub, shower with bench, and double vanities, complemented by double walk-in closets for ample storage. The primary bedroom also features an attached bonus area, perfect for a sitting room, office, or nursery. The living room is the heart of the home, complete with a cozy fireplace and new wood look tile flooring throughout. Step outside to the back yard, where you'll find a convenient storage building and a covered patio equipped with a ceiling fan, ideal for outdoor gatherings. Plus, with dining, shopping, and schools just a stone's throw away, this home offers both comfort and convenience. Don't miss out on the chance to make it yours!

Investor Tools

Property Icon
$265,000
Estimated Property Value
$247,696Estimated Mortgage Balance
$17,304Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,834
$260,000
2025
$40,000
$220,000
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,834
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$255,290
Yes
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,696
$17,304
6%
93%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,531/mo
+$489/mo
9.1%

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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3412 Park Lake Dr | Property Details | No Agent List