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$234,232

NAL Estimated Property Value

5532 Trail Lake Dr, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,187 Sq Ft
price_per_sqft$189.55 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size8,329 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN45580-8-4
Lot Number4
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 8 LOT 4
Census Tract105502
Assessed Land Value$40,000
Assessed Improvement Value$194,232
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED. OFFER DEADLINE Monday February 7 @ 6:30 p.m. Charming one story home with 3 bedrooms and 2 full bathrooms. Newly renovated. New exterior and interior paint, floors throughout, plumbing fixtures, lights, full kitchen and bathroom renovations. Pantry and laundry area have been added. New appliances. Foundation work completed November, 2021. Warranty on foundation work is available and transferable to new owner. HVAC has been inspected and serviced. This home is move in ready. Perfect for starter homebuyer or a downsizing home for empty nesters.

Investor Tools

Property Icon
$234,232
Estimated Property Value
$204,030Estimated Mortgage Balance
$30,202Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,405 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,700
$234,232
2025
$40,000
$194,232
$234,232
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,700
$234,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$221,350
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,030
$30,202
12%
87%
$1,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,328/mo
+$692/mo
10.3%

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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5532 Trail Lake Dr | Property Details | No Agent List