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Owner Contacts

$260,000

NAL Estimated Property Value

416 Grand Meadow Drive, Fort Worth, TX, 76108

Off Market

3 Beds

2 Bath

1,322 Sq Ft

$200.45 / sqft

Built in 1985

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size8,185 sqft

Building Information

Year Built1985

Stories1

Garage Spaces2

Land Information

APN46280-39-9

Lot Number9

SubdivisionWestpoint Addition (Ft Worth)

Land UseResidential

Legal DescriptionWESTPOINT ADDITION (FT WORTH) BLOCK 39 LOT 9

Census Tract110805

Assessed Land Value$50,000

Assessed Improvement Value$195,000

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. SELLER HAS EXECUTED A CONTRACT. PLEASE SHOW FOR BACKUP OFFERS. Seller's job transfer is your opportunity to own this beautifully updated, modern home with a gorgeous 23' x 16' sunroom (not included in the main house SF). A spacious open living area welcomes you, and flows into a pretty & practical renovated kitchen! The primary suite is relaxing and spacious, with granite counters, double sinks and a generous closet! Recent updates include: stainless appliances, granite countertops in kitchen and bathrooms, newer windows, flooring, modern light fixtures, newer front & back doors, sunroom addition, outdoor fire pit, and newer roof! Mature trees frame the home and provide wonderful shade for the large backyard! Plenty of room for a pool! Enjoy easy access just down the street, to walking trails, and the playground area at George Markos Park! Minutes from Hwy 820 and I-30 and downtown Fort Worth! Stop by and see this home soon!

Investor Tools

$260,000

Estimated Property Value

$245,173Estimated Mortgage Balance

$14,827Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$470/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,339

$245,000

2025

$50,000

$195,000

$245,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,339

$245,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Next Door Lending Llc

Conventional

$261,250

First

Jan 31, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$245,173

$14,827

94%

$1,567/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$1,567/mo

+$360/mo

8.9%

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.

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