$306,000
NAL Estimated Property Value6104 Melanie Drive, Fort Worth, TX, 76131
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size5,497 sqft
Building Information
Year Built2005
Stories1
Garage Spaces2
Land Information
APN307-16-23
Lot Number23
SubdivisionAlexandra Meadows
Land UseResidential
Legal DescriptionALEXANDRA MEADOWS BLOCK 16 LOT 23
Census Tract105008
Assessed Land Value$60,000
Assessed Improvement Value$240,138
Assessment Year2025
About this property
Completely updated and move-in ready DR Horton home located in Alexandra Meadows! Near I-35W & I-820, this home is close to shopping, entertainment, restaurants and more! The great open concept home has all Fresh paint & new flooring throughout. The large kitchen boasts new granite counters, new stainless appliances and island. This is a must see home!
Investor Tools
$306,000
Estimated Property Value
$188,681Estimated Mortgage Balance
$117,319Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$330/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,408
$300,138
2025
$60,000
$240,138
$300,138
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,408
$300,138
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$212,810
Yes
First
Jul 21, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,681
$117,319
38%
62%
$1,276/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,606/mo
+$1,064/mo
10.5%
