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$744,000

5315 Banks Road, Fort Worth, TX, 76140

Off MarketInfo
Baths0 Bath
Baths2,409 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.96 acres

Building Information

Year Built2022

Land Information

APNA 394-2G
SubdivisionDavidson, Wash Survey
Land UseResidential
Legal DescriptionDAVIDSON, WASH SURVEY ABSTRACT 394 TRACT 2G
Census Tract111317
Assessed Land Value$293,100
Assessed Improvement Value$450,900
Assessment Year2025

About this property

Sold as land only. Housing structure and most outbuildings on property need to be taken down. This property will need an initial cleanup but a great 5 acre lot with a good mix of cleared spots and trees. A nice row of trees acts as a natural barrier from the road. With a little love and work this lot could be a great site for your home and working outbuildings. Seller has no information on septic system, zoning restrictions, city water connections or any information on existing structures.

Investor Tools

Property Icon
$744,000
Estimated Property Value
$0Estimated Mortgage Balance
$744,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,464 /month
Positive
Cash Flow Estimate:
$1,488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,322
$744,000
2025
$293,100
$450,900
$744,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,322
$744,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$744,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Fort Worth

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