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$185,000

5317 Townsend Drive, Fort Worth, TX, 76115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.51 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size7,074 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN39590-16-4
Lot Number4
SubdivisionSouthcrest Addition
Land UseResidential
Legal DescriptionSOUTHCREST ADDITION BLOCK 16 LOT 4
Census Tract105800
Assessed Land Value$42,076
Assessed Improvement Value$70,293
Assessment Year2025

About this property

MULTIPLE OFFERS received, Please submit highest and best by 5:00 Tues, Jan 25. Welcome home to this quaint bungalow! This home has been freshly re-done, with no expense spared toward all the items that matter! Light and bright with an open concept and modern styling. The kitchen is welcoming with brand new cabinets, new stainless appliances, and attractive fixtures. Full size washer and dryer hookups in the modern designed utility area. The new windows give this home plenty of natural light! Both bathrooms have been completely re-done with classic styling. Ceiling fans in every bedroom. Brand new HVAC including duct work. The plumbing has been re-done and the electrical has been updated as well.

Investor Tools

Property Icon
$185,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,621
$112,369
2025
$42,076
$70,293
$112,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,621
$112,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$206,196
Yes
First
Feb 17, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,711
N/A
0%
103%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,237/mo
+$690/mo
12.5%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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5317 Townsend Drive | Property Details | No Agent List