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$279,000

NAL Estimated Property Value

5617 Trail Lake Drive, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.07 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Washer
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,777 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN45580-12-21R
Lot Number21R
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 12 LOT 21R
Census Tract105502
Assessed Land Value$40,000
Assessed Improvement Value$233,666
Assessment Year2025

About this property

Beautifully updated 3 bedroom, 2 bath home in the established Neighborhood of Wedgwood! You will be impressed as you pull up to this home and are greeted by the beautiful green grass and well manicured landscaping on this HUGE lot with a backyard made for playing and entertaining. Yes, the playground stays! This home is boasting with pride of ownership around every corner. The newly remodeled kitchen features granite counter tops and is flooded with natural lighting. New paint inside and out. New flooring throughout. Beautiful shaker style doors have been installed giving this home a nice updated appearance. The breezeway has been enclosed to provide a nice flex room with many uses! This home is a must see!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$219,410Estimated Mortgage Balance
$59,590Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,502
$273,666
2025
$40,000
$233,666
$273,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,502
$273,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$245,471
Yes
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,410
$59,590
21%
79%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,472/mo
+$548/mo
8.7%

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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5617 Trail Lake Drive | Property Details | No Agent List