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B+
NoAgentList RatingHow are grades calculated? Info
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$198,000

5397 Wagon Trl, Fort Worth, TX, 76140

$212,650 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths924 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$243.51 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.38 acres

Building Information

Year Built1996

Land Information

APN10047B--1
Lot Number1
SubdivisionDolan Valley
Land UseResidential
Legal DescriptionDOLAN VALLEY LOT 1 1996 FLEETWOOD 14 X 66 LB# RAD0924950 FESTIVAL
Census Tract111317
Assessed Land Value$163,750
Assessed Improvement Value$8,861
Assessment Year2025

About this property

2.4 Wooded Acres with Endless Possibilities – Outside City Limits! Escape the hustle and bustle and embrace the tranquility of nearly 2.4 wooded acres just outside the city limits with no known restrictions! Whether you're dreaming of building your forever home or seeking a peaceful retreat, this property offers the flexibility and freedom to bring your vision to life. Currently a habitable mobile home sits on the property, perfect for living in while you build your dream home. The existing driveway partially crosses a neighbor’s land, but there’s ample road frontage to construct your own private entrance. Enjoy the convenience of a private well (pump replaced in 2021) or connect to Bethesda Water, which recently extended service to the area and installed a meter box at the street. The well covered by a canopy is located on the left side of the property and is believed to be approximately 588 ft deep. Internet Ready with Spectrum and AT&T Fiber already available to the area for high-speed internet access. Remnants of a previous structure (concrete stoop and black pipe) suggest a possible old septic system is located in a grove of trees near the middle front of the property. Remnants of an old barn structure located near the western boundary. There is partial wire fencing along the north and west boundaries. This land is a rare find — offering privacy, potential, and proximity to modern utilities. Whether you're looking to build, invest, or simply enjoy the space, this property is ready for your next chapter.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$212,649
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$735
$172,611
2025
$163,750
$8,861
$172,611
No

Tax History

Year
Tax Paid
Assessed Value
2024
$735
$172,611

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
N/A
+$1,510/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5397 Wagon Trl | Property Details | No Agent List