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Owner Contacts

$448,000

NAL Estimated Property Value

5400 Lemons Rd, Fort Worth, TX, 76140

Off Market

4 Beds

2 Bath

2,139 Sq Ft

Single Family Residence

$219.26 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Lot Size3.02 acres

Building Information

Year Built1968

Stories1

Garage Spaces4

Land Information

APNA1263-18B07

SubdivisionRendon, Joaquin Survey

Land UseResidential

Legal DescriptionRENDON, JOAQUIN SURVEY ABSTRACT 1263 TRACT 18B07

Census Tract111203

Assessed Land Value$196,000

Assessed Improvement Value$190,696

Assessment Year2025

About this property

Welcome to your own slice of paradise in MansfieldISD! This single-family home sits on 3 acres of land, offering the perfect blend of country living with easy access to the city. The property is a pet lover's dream, with fenced areas for animals, a ready-to-go dog kennel with multiple runs that can easily be converted into horse stalls, and plenty of space to roam and play. But that's not all - the property also features a spacious 30x40 shop with electricity and 2 garage bays, perfect for a home-based business or hobbyist. And let's not forget about the large deck, ideal for entertaining or simply relaxing and enjoying the peaceful surroundings. Inside, you'll find hardwoods throughout most of the house, adding a touch of warmth and charm. Plus, with a new roof installed in June 2024, you can rest easy knowing your home is in top condition. Don't miss out on this incredible opportunity to own your own private oasis.

Investor Tools

$448,000

Estimated Property Value

$395,761Estimated Mortgage Balance

$52,239Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,814 /month

Positive

Cash Flow Estimate:

$938 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$379/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,307

$386,696

2025

$196,000

$190,696

$386,696

Tax History

Year

Tax Paid

Assessed Value

2024

$2,307

$386,696

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$407,250

First

Oct 9, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$395,761

$52,239

11%

88%

$2,442/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$2,442/mo

$-442/mo

5.4%

Learn About the Market: Opportunity in Fort Worth

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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.

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