$419,820
NAL Estimated Property Value5824 Grayson St, Fort Worth, TX, 76119
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet
Exterior
Exterior FeaturesLighting
Lot Size6,752 sqft
Building Information
Year Built2022
Land Information
APN37310-BR-6B
Lot Number6B
SubdivisionSandy Acres Addition
Land UseResidential Duplex
Legal DescriptionSANDY ACRES ADDITION (FT W) BLOCK BR LOT 6B 6B
Census Tract106400
Assessed Land Value$20,255
Assessed Improvement Value$399,565
Assessment Year2025
About this property
NEW CONSTRUCTION! This duplex near Lake Arlington is located 11 minutes from Downtown Fort Worth with ample public transportation nearby. This duplex is great for an investor looking to expand their portfolio into Fort Worth! Homes nearby have been swallowed up by investors increasing rents. Forecasted rents are $1,650 per month with the ability to meter and bill utilities separately! Ideal opportunity for FHA financing to live in one side of the duplex and rent the other! See attached pro forma for rent and expense projections!
Investor Tools
$419,820
Estimated Property Value
$432,327Estimated Mortgage Balance
$419,820Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,420
$419,820
2025
$20,255
$399,565
$419,820
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,420
$419,820
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Fha
$461,487
Yes
First
Dec 9, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,327
N/A
0%
103%
$2,767/mo
