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$348,000

NAL Estimated Property Value

408 High Desert Dr, Fort Worth, TX, 76131

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,148 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1605-9-3-70
Lot Number3
Land UseResidential Single Family
Legal DescriptionBAR C RANCH BLOCK 9 LOT 3
Census Tract114109
Assessed Land Value$75,000
Assessed Improvement Value$234,000
Assessment Year2025

About this property

Nice well cared for 4-2-2 with study and dining area. Large private master suite with tub, separate shower, double vanity and walk in closet. Home features an open floor plan between the living area and kitchen. Finishes include granite kitchen countertops, new carpet, wood flooring, ceramic tile and wood fenced backyard. Tenants responsible for yard maintenance and all utilities. Use of neighborhood pool and other HOA amenities included.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$157,046Estimated Mortgage Balance
$190,954Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,500
$309,000
2025
$75,000
$234,000
$309,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,500
$309,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$175,000
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,046
$190,954
54%
45%
$1,050/mo

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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408 High Desert Dr | Property Details | No Agent List