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$864,407

NAL Estimated Property Value

4237 Shannon Drive, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.39 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size19,166 sqft

Building Information

Year Built1968
Stories2
Garage Spaces2

Land Information

APN34345-42-10
Lot Number10
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 42 LOT 10
Census Tract102402
Assessed Land Value$151,247
Assessed Improvement Value$713,160
Assessment Year2025

About this property

Location location, One block from Luther Lake. Estate sale AS-IS bring you creative ideas. This custom built one owner home offers 4 bedrooms, 3.5 baths, with the master suite downstairs. 3 upstairs bedrooms one could be a game room with access to a rear balcony. 2 fireplaces one in the private library or study. Upstairs you will find more storage closets than you can imagine, one cedar closet the other a large walk in. There is even a walk in attic with a climate controlled storage. A large garden room looks out over the pretty tree shaded rear yard offers a waterfall and small pond, several patios. Updated HVAC in 2020 with Lennox Pure Air zoned system. To be sold AS-IS Estate will do no repairs.

Investor Tools

Property Icon
$864,407
Estimated Property Value
$0Estimated Mortgage Balance
$864,407Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,186 /month
Positive
Cash Flow Estimate:
$1,729 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,097
$864,407
2025
$151,247
$713,160
$864,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,097
$864,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$864,407
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
2.7%

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.

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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4237 Shannon Drive | Property Details | No Agent List