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$377,000

NAL Estimated Property Value

5620 Salt Springs Drive, Fort Worth, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,938 Sq Ft
price_per_sqft$200.98 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,711 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN24819-FF-35
Lot Number35
SubdivisionMarine Creek Ranch Addition
Land UseResidential
Legal DescriptionMARINE CREEK RANCH ADDITION BLOCK FF LOT 35
Census Tract114010
Assessed Land Value$90,000
Assessed Improvement Value$255,000
Assessment Year2025

About this property

Like a Model Home Inside & Out! One Story Brick & Stone 3 bedroom Plus Study Home Near Eagle Mountain Lake just NW of Downtown Fort Worth. Built by Impression Homes in 2019 this home has Gorgeous upgrades throughout that include rich nailed down, hand-scraped wood floors in the main living areas Plus Oversized Quartz Island in Kitchen with stainless steel appliances which opens to the living room.The study features french doors and the spacious master suite has a bay window.The Marine Creek Ranch community features a private park to Marine Creek Lake with private boat dock,playground, community pool, park & jogging paths.Desirable location, Near Shopping in Lake Worth, TCC, Joint Reserve Base & Lockheed Martin

Investor Tools

Property Icon
$377,000
Estimated Property Value
$299,197Estimated Mortgage Balance
$77,803Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,337 /month
Positive
Cash Flow Estimate:
$779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,403
$345,000
2025
$90,000
$255,000
$345,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,403
$345,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$324,000
No
First
Apr 25, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,197
$77,803
20%
79%
$1,943/mo

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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5620 Salt Springs Drive | Property Details | No Agent List