Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$278,000

NAL Estimated Property Value

4516 Parkwood Dr, Forest Hill, TX, 76140

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.51 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size7,501 sqft

Building Information

Year Built1973
Stories1
Garage Spaces1

Land Information

APN35290-7-21
Lot Number21
SubdivisionRosewood Addition
Land UseResidential
Legal DescriptionROSEWOOD ADDITION BLOCK 7 LOT 21
Census Tract111102
Assessed Land Value$22,506
Assessed Improvement Value$179,227
Assessment Year2025

About this property

MOTIVATED SELLER HANDYMAN'S SPECIAL! IT'S A 5 BEDROOM NOT 3 BEDROOM!! PERFECT FOR A PROFITABLE RETURN ON AN INVESTMENT PROPERTY OR A LOVELY FAMILY HOME TO TURN INTO YOUR DREAM HOME OASIS WITH HIGH EQUITY POTENTIAL. A CASH BUYER'S OPPORTUNITY! Charming 5 Bedroom Home with Sunroom. Close access to highway, gym, restaurants, park, recreation center, and more! Welcome to this hidden gem in a fantastic neighborhood, ideal for savvy investors and homeowners who want to put their own style into it without having to wait months to build a new home. This charming property offers 5 spacious bedrooms and 2 full bathrooms, providing ample space for comfort and style. The inviting sunroom adds a touch of warmth, making it a perfect spot to relax or entertain. With a large front and back yard, you'll have plenty of space for outdoor activities and gatherings. This property is brimming with potential and beautiful arches and is waiting for your personal touch! Attention Agents: Bring your cash buyers! We prefer all cash offers for a quick closing process, with no or very short inspection period required your offer to be considered. No lengthy inspections will be accepted. Our priority is for serious, all cash buyers ready to seize this incredible opportunity. Please do your due diligence before submitting offers. Act fast on this gem!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$284,623Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$836
$201,733
2025
$22,506
$179,227
$201,733
No

Tax History

Year
Tax Paid
Assessed Value
2024
$836
$201,733

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$287,552
Yes
First
Oct 10, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,623
N/A
0%
102%
$1,725/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,725/mo
+$275/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forest Hill

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

4516 Parkwood Dr | Property Details | No Agent List