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$434,000

NAL Estimated Property Value

5417 Grenada Dr, Fort Worth, TX, 76119

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.42 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size6,852 sqft

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APN45259K-1-31
Lot Number31
SubdivisionWaterfront @ Enchanted Bay-Fw
Land UseResidential
Legal DescriptionWATERFRONT @ ENCHANTED BAY-FW BLOCK 1 LOT 31
Census Tract106400
Assessed Land Value$68,750
Assessed Improvement Value$358,904
Assessment Year2025

About this property

MULTIPLE OFFERS. Lakefront Living in the Heart of the Metroplex. Welcome to this beautifully maintained one-owner home located in a private, gated community on the Fort Worth side of Lake Arlington. Enjoy direct street access to the lake for boating and fishing, and take in panoramic lake views from your arched upstairs balcony and downstairs porch, creating a tranquil and picturesque setting for everyday living. Spacious open-concept floor plan ideal for entertaining and family gatherings. Gourmet kitchen featuring: White cabinetry, Leathered granite countertops, Glass tile backsplash, Island with plug-in, Double ovens also wired for warming drawer, Walk-in pantry, & KitchenAid appliances. A luxurious primary ensuite with porch access, sauna also plumbed for a tub, and a large walk-in closet. Living room with electric fireplace, convertible to wood-burning with minor updates. Laundry room with garage access and washer & dryer included. Four generously sized bedrooms, including a private Mother-in-Law ensuite with balcony access. Porcelain Tile flooring downstairs, red oak flooring upstairs. Excellent storage: under-stair closet perfect for holiday decor with access to half bath, two usable attic entrances upstairs, and garage shelving. Porch includes can lighting, ceiling fan, carriage lamps, and swing perfect for enjoying sunsets by the lake. 2025 metal roof and Andersen windows on the front and entryway. Select rooms equipped with blinds and silk cotton-lined drapes, including blackout drapes in the primary. Two handrails on stairs for added safety. Lift system to move items to upper floors or attic. Garage with side yard access, water heater, and extra storage. Dining room pre-wired for future elevator installation. Experience the best of lake living in the heart of the DFW metroplex ideal for relaxing weekends, entertaining guests, or everyday serenity. This home is move-in ready and offers both luxury and practicality with every thoughtful detail.

Investor Tools

Property Icon
$434,000
Estimated Property Value
$406,426Estimated Mortgage Balance
$27,574Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
$95/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,516
$427,654
2025
$68,750
$358,904
$427,654
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,516
$427,654

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$410,000
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,426
$27,574
6%
94%
$2,459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,554/mo
$-627/mo
5.3%

Learn About the Market: Opportunity in Fort Worth

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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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5417 Grenada Dr | Property Details | No Agent List