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$306,119

NAL Estimated Property Value

404 Parkmere Dr, Fort Worth, TX, 76108

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.7 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,970 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN37915-9-2
Lot Number2
SubdivisionSettlement Plaza Addition
Land UseResidential
Legal DescriptionSETTLEMENT PLAZA ADDITION BLOCK 9 LOT 2
Census Tract110805
Assessed Land Value$55,000
Assessed Improvement Value$251,119
Assessment Year2025

About this property

Welcome to 404 Parkmere Drive, a charming Fort Worth home offering comfort, flexibility, and private guest quarters. This inviting property features a bright, open floor plan with great natural light, neutral finishes, and a layout that makes everyday living easy. With two living rooms and spacious kitchen and dining space, there is plenty of space for family and friends. The main home offers three comfortable bedrooms and two full baths, including a private primary suite. The backyard provides plenty of space to play, relax, garden, or enjoy quiet evenings under the shade trees. From the backyard is the private entrance to the guest quarters with kitchenette, full bathroom, and spacious closet. This bonus space is perfect for multigenerational living, guest quarters, a home office, studio, or hobby space. Home is lovingly maintained. A few updates include Roof (2022), HVAC (2023), fresh paint and luxury vinyl plank flooring. There’s no carpet in this home. The community location offers exceptional convenience with easy access to shopping & dining, as well as some of Fort Worth’s most beloved destinations. Enjoy a quick drive to the Cultural District, West 7th, the historic Stockyards. are also within close reach, offering iconic Texas charm, nightlife, and year-round events. Easy commute to Lockheed Martin, NAS JRB, and nearby medical centers. Students attend White Settlement ISD Schools.

Investor Tools

Property Icon
$306,119
Estimated Property Value
$275,241Estimated Mortgage Balance
$30,878Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,837 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,224
$306,119
2025
$55,000
$251,119
$306,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,224
$306,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$276,844
Yes
First
Jan 8, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,241
$30,878
10%
90%
$1,660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,660/mo
+$267/mo
7.6%

City: Fort Worth

404 Parkmere Dr | Property Details | No Agent List