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$277,000

NAL Estimated Property Value

517 Panay Way Dr, Fort Worth, TX, 76108

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.94 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,259 sqft

Building Information

Year Built1979
Stories1
Garage Spaces1

Land Information

APN46280-7-5
Lot Number5
SubdivisionWestpoint Addition (Ft Worth)
Land UseResidential
Legal DescriptionWESTPOINT ADDITION (FT WORTH) BLOCK 7 LOT 5
Census Tract110805
Assessed Land Value$50,000
Assessed Improvement Value$201,292
Assessment Year2025

About this property

Discover lovely 3-bedroom, 2-bath home in Fort Worth perfectly positioned across from scenic greenspace, providing a serene setting for modern living. Step inside to experience a thoughtful floor plan boasting an inviting living area that seamlessly connects to the dining space and kitchen. The updated kitchen features sleek countertops, ample cabinetry, and stainless appliances. The primary suite offers a private haven with its own updated bathroom, complete with contemporary fixtures and finishes. There are three additional bedrooms one of which provides a versatile space for guests or a home office. Outside, the property shines with its timeless brick exterior and mature trees to add to its charm and offer a pleasant, shaded retreat. Located in a desirable Fort Worth neighborhood, this home offers convenient access to shopping, dining, and local parks, perfectly blending urban amenities with suburban tranquility. The interior of home has been painted, carpet replaced, HVAC replaced and foundation work completed with warranty. Don’t miss this opportunity to own a piece of Fort Worth charm, meticulously updated and ready to welcome your home.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$173,391Estimated Mortgage Balance
$103,609Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$251,292
2025
$50,000
$201,292
$251,292
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$251,292

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Va
$178,762
Yes
First
Aug 29, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,391
$103,609
37%
63%
$1,254/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,254/mo
+$1,131/mo
10.3%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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517 Panay Way Dr | Property Details | No Agent List