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$340,000

NAL Estimated Property Value

4328 Gorman Drive, Fort Worth, TX, 76132

$348,882 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.13 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCeramic Tile

Exterior

Lot Size12,149 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN46035-113-20
Lot Number20
SubdivisionWestcliff Addition
Land UseResidential
Legal DescriptionWESTCLIFF ADDITION BLOCK 113 LOT 20
Census Tract105505
Assessed Land Value$45,000
Assessed Improvement Value$190,000
Assessment Year2025

About this property

REDUCED! You will not find a home of this size for this price!! Fantastic Updated home!! Inviting entryway that leads to the dining and living area. Wide open floor plan in the living area that looks into the kitchen and wet bar. Huge backyard with Two separate patio areas, off the living room, for BBQ's and kids to play. Great big kitchen with lots of cabinet space for the chef of the house. The master is large and spacious with plenty of closet space and private bathroom. All of the bedrooms are a nice size for any family. On the opposite side of the house there is a mother in law suite that is also quite big along with a private bath. This one is a MUST SEE!! Come check it out before this one is gone!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$150,341Estimated Mortgage Balance
$189,659Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$348,881
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,617
$235,000
2025
$45,000
$190,000
$235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,617
$235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$172,800
No
First
Oct 23, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,341
$189,659
55%
44%
$1,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$1,037/mo
+$1,503/mo
9.0%

City: Fort Worth

4328 Gorman Drive | Property Details | No Agent List