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$472,000

NAL Estimated Property Value

4112 Shannon Dr, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.67 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size14,998 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN34345-40-24
Lot Number24
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 40 LOT 24
Census Tract102402
Assessed Land Value$110,000
Assessed Improvement Value$343,000
Assessment Year2025

About this property

When arriving at 4112 Shannon Drive, you are greeted by large, meticulously maintained oak trees that provide a canopy over the house, which is located in the heart of Ridglea Hills and a few blocks from Luther Lake. It features three bedrooms, two bathrooms, one dining area, two living rooms, and a large backyard. The glistening pool and beautiful deck are perfect for watching the sunset and relaxing.

Investor Tools

Property Icon
$472,000
Estimated Property Value
$0Estimated Mortgage Balance
$472,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,832 /month
Positive
Cash Flow Estimate:
$944 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,040
$453,000
2025
$110,000
$343,000
$453,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,040
$453,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.9%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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4112 Shannon Dr | Property Details | No Agent List