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Owner Contacts

$1,697,000

NAL Estimated Property Value

5785 Forest Highlands Dr, Fort Worth, TX, 76132

Off Market

4 Beds

4 Bath

5,174 Sq Ft

$425.2 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer

FlooringCarpet, Ceramic Tile, Granite, Laminate, Marble, Wood

Exterior

Private Pool

Exterior FeaturesGas Grill, Outdoor Grill, Outdoor Kitchen, Private Yard

Lot Size36,155 sqft

Building Information

Year Built1997

Garage Spaces3

Land Information

APN26237----8---18---91

Lot Number18

SubdivisionMira Vista Addition

Land UseResidential

Legal DescriptionMIRA VISTA ADDITION BLOCK 8 LOT 18 SCH BNDRY SPLIT

Census Tract105520

Assessed Land Value$388,778

Assessed Improvement Value$1,162,608

Assessment Year2025

About this property

Enjoy resort style living in this stunning private oasis in prestigious guard-gated Mira Vista. This beautiful 4-bedroom, 4-bathroom home offers an exceptional blend of elegance and functionality, situated on a spacious .8-acre lot adjacent to serene park land. Upon entry, a grand foyer and open floorplan lead to 2 distinct living areas, perfect for entertaining and family gatherings. The chef’s kitchen is a culinary delight, featuring top-of-the-line appliances, 3 ovens, custom cabinetry, and ample counter space for all your cooking needs. Retreat to the expansive master suite with a sitting area and spa like bathroom. Outside, discover an incredible outdoor living space with a sparkling pool, spa, and full cabana perfect for entertaining. With storage galore and an intuitive layout, this home is thoughtfully designed to meet all your lifestyle needs. Don't miss this rare opportunity to own a luxurious home with privacy and security in one of Fort Worth’s most desirable neighborhoods.

Investor Tools

$1,697,000

Estimated Property Value

$817,998Estimated Mortgage Balance

$879,002Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$13,200 /month

Positive

Cash Flow Estimate:

$4,400 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,502/month

$710/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,536

$1,551,386

2025

$388,778

$1,162,608

$1,551,386

Tax History

Year

Tax Paid

Assessed Value

2024

$21,536

$1,551,386

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Affiliated Bank

Conventional

$917,000

First

Oct 23, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$817,998

$879,002

51%

48%

$5,498/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,540/mo

$6,208/mo

$-3,668/mo

1.8%

Learn About the Market: Opportunity in Fort Worth

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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.

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