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$340,000

NAL Estimated Property Value

3805 Old Richwood Ln, Fort Worth, TX, 76244

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,878 Sq Ft
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,998 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN27804B-16-17
Lot Number17
SubdivisionMc Pherson Ranch
Land UseResidential
Legal DescriptionMC PHERSON RANCH BLOCK 16 LOT 17
Census Tract113942
Assessed Land Value$65,000
Assessed Improvement Value$193,434
Assessment Year2025

About this property

Charming brick home tucked away on a quiet cul-de-sac in the desirable McPherson Ranch community. This well-maintained 3-bedroom, 2-bath home includes a private study and offers an open-concept layout perfect for everyday living and entertaining. The spacious kitchen features an island, breakfast bar, and ceramic tile flooring, and seamlessly connects to the dining area and inviting living room with a cozy corner gas-log fireplace. The primary suite is filled with natural light from three large windows and includes a luxurious bath with a garden tub, separate shower, double sinks, and a generous walk-in closet. Enjoy the landscaped front yard, a large backyard with a wood deck, and nearby walking trails and parks. Conveniently located near major roads and the Fort Worth Alliance Airport.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,852
$258,434
2025
$65,000
$193,434
$258,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,852
$258,434

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Petra Mortgage Llc
Conventional
$135,000
No
First
Jan 14, 2019
Feb 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,147
$224,853
66%
34%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$810/mo
+$2,070/mo
10.2%

Learn About the Market: Opportunity in Fort Worth

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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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3805 Old Richwood Ln | Property Details | No Agent List