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$311,000

NAL Estimated Property Value

4608 Mustang Dr, Fort Worth, TX, 76137

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.63 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size5,976 sqft

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN31565-111-7
Lot Number7
SubdivisionPark Glen Addition
Land UseResidential
Legal DescriptionPARK GLEN ADDITION BLOCK 111 LOT 7
Census Tract113919
Assessed Land Value$65,000
Assessed Improvement Value$223,842
Assessment Year2025

About this property

The best house in the neighborhood; extensive landscaping, custom garage door, wood look tile throughout, granite kitchen, updated cabinets and professional series gas range. Built in storage in garage, pergola on back porch, and excellent storage shed in beautifully landscaped backyard. Keller ISD and easy access to shopping and dining throughout Alliance area. Solar panels can stay for a $10k premium, or owner can remove them. Hurry to view this awesome property!

Investor Tools

Property Icon
$311,000
Estimated Property Value
$274,979Estimated Mortgage Balance
$36,021Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,302
$288,842
2025
$65,000
$223,842
$288,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,302
$288,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$292,500
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,979
$36,021
11%
88%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,854/mo
+$596/mo
9.5%

Learn About the Market: Opportunity in Fort Worth

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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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4608 Mustang Dr | Property Details | No Agent List