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$318,000

NAL Estimated Property Value

4608 Parkmount Drive, Fort Worth, TX, 76137

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,713 Sq Ft
price_per_sqft$175.13 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,645 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN31548-4-2R
Lot Number2R
SubdivisionPark Bend Estates Addition
Land UseResidential
Legal DescriptionPARK BEND ESTATES ADDITION BLOCK 4 LOT 2R
Census Tract113919
Assessed Land Value$65,000
Assessed Improvement Value$242,308
Assessment Year2025

About this property

Location, Location, Location! Walk in to this one owner home and its obvious pride of ownership for sure. Extended tile in entry as you enter the home, split bedrooms, ceiling fans in all bedrooms, large family room that is open to the large kitchen. Kitchen has abundance of cabinets and plenty of counter space for meal preparation. Extra large breakfast bar, enough room for your full Thanksgiving spread, with a eat in kitchen. Master retreat has a window seat, and will accommodate large furniture. Master bath features a garden tub, separate shower, dual vanity, large walk in closet. New roof, new gutters, new driveway, tinted windows and storm doors.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$278,461Estimated Mortgage Balance
$39,539Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,966
$307,308
2025
$65,000
$242,308
$307,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,966
$307,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Mortgage & Lending
Conventional
$302,100
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,461
$39,539
12%
88%
$1,812/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,812/mo
+$638/mo
9.2%

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 Parkmount Drive | Property Details | No Agent List