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$280,000

NAL Estimated Property Value

607 Ruth Drive, Kennedale, TX, 76060

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,611 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.15 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,280 sqft

Building Information

Year Built1988
Stories1
Garage Spaces2

Land Information

APN8690-ER-20
Lot Number20
SubdivisionCrestdale Addition
Land UseResidential
Legal DescriptionCRESTDALE ADDITION BLOCK ER LOT 20
Census Tract111411
Assessed Land Value$59,281
Assessed Improvement Value$208,859
Assessment Year2025

About this property

MUST SEE! WON'T LAST LONG! Three bedroom, 2 bathroom home with open floor plan great for entertaining. Wood-like floors throughout the main living areas. The master bedroom features a wood burning fireplace. Master bathroom has double sinks, large linen closet, and spacious walk-in closet. The over-sized backyard has a covered patio, great for Texas summers and a large storage shed recently re-sided and roofed. Water heater installed in 2019 and new roof at the end of 2018.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$177,030Estimated Mortgage Balance
$102,970Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,231
$268,140
2025
$59,281
$208,859
$268,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,231
$268,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$197,359
Yes
First
Jun 7, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,030
$102,970
36%
63%
$1,232/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,232/mo
+$695/mo
8.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kennedale

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607 Ruth Drive | Property Details | No Agent List