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$258,000

NAL Estimated Property Value

5609 Forest Cove Dr, Wichita Falls, TX, 76310

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,490 Sq Ft
price_per_sqft$170.47 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size8,159 sqft

Building Information

Year Built2000
Roof Type105
Garage Spaces2

Land Information

APN0195 015 00
Lot Number15
SubdivisionBent Tree Est Sec 1
Land UseResidential
Legal DescriptionLOT 15 BLK 1 BENT TREE EST SEC 1
Census Tract012401
Assessed Land Value$23,000
Assessed Improvement Value$229,014
Assessment Year2025

About this property

PRICE IMPROVEMENT!! Very well maintained home with a pool on a low traffic street. Rare opportunity to purchase in Bent Tree Subdivision. Large isolated master bedroom with two walk-in closets. Kitchen and dining open into living room. Enjoy entertaining under the covered patio overlooking the beautiful sparkling pool. Outdoor TV and fan convey with full price offer. More recent upgrades include roof (Nov. 2021), garage door opener, garbage disposal, hot water heater, rain gutters, and much more.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$251,649Estimated Mortgage Balance
$6,351Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,324
$252,014
2025
$23,000
$229,014
$252,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,324
$252,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$255,000
Yes
First
Aug 5, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,649
$6,351
2%
98%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,320/mo
$1,529/mo
$-209/mo
6.1%

City: Wichita Falls