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Days12Days on Market
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$299,000

3883 Steeplechase Drive, Fort Worth, TX, 76123

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.36 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal

Exterior

Lot Size7,388 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN14678E-2-1
Lot Number1
SubdivisionFox Run Addition-Fort Worth
Land UseResidential
Legal DescriptionFOX RUN ADDITION-FORT WORTH BLOCK 2 LOT 1
Census Tract111023
Assessed Land Value$50,000
Assessed Improvement Value$189,213
Assessment Year2025

About this property

1% RULE CASH FLOWING RENTAL PRICED UNDER TAX ASSESSED VALUE. Section 8 tenant occupied property located in south Fort Worth at $3,043 per month. Lease expires on March 31, 2027. For all of the section 8 investors this is a perfect chance to add to your portfolio. Tenant in place based on a 3 bedrooms voucher and not bedroom. Section 8 vouches in this area go up to $3,900 per month in rent for four bedrooms. Buyers agent to verify all info contained in the listing. NO SHOWINGS UNTIL ACCEPTABLE OFFER IN PLACE. DO NOT DISTURB TENANT.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$0Estimated Mortgage Balance
$94,059Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Harrison Sharp

BK Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,777
$239,213
2025
$50,000
$189,213
$239,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,777
$239,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$168,700
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,941
$94,059
36%
64%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,097/mo
+$2,473/mo
16.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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