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$1,106,940

NAL Estimated Property Value

612 S Blue Mound Rd, Saginaw, TX, 76131

Off MarketInfo
Beds16 Beds
Baths8 Bath
Baths6,000 Sq Ft
ApartmentApartment
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 16Bedrooms 16
Bathrooms Full 8Bathrooms Full 8
AppliancesDishwasher, Disposal, Electric Range
FlooringVinyl

Exterior

Lot Size22,216 sqft

Building Information

Year Built1970

Land Information

APNA 345-2L
SubdivisionCook, David Survey
Land UseResidential
Legal DescriptionCOOK, DAVID SURVEY ABSTRACT 345 TRACT 2L
Census Tract114003
Assessed Land Value$94,418
Assessed Improvement Value$1,012,522
Assessment Year2025

About this property

Owner Financing Available for the Willows Apartments is a well-maintained 8-unit multifamily property located in Fort Worth. Built in 1970 and renovated in 2018, the two-story complex sits on 0.51 acres and features eight 2-bedroom, 1-bath units averaging approximately 720 square feet each. Interior upgrades include vinyl plank flooring, updated appliances, and modern finishes that support competitive rental rates and low turnover in Eagle Mountain-Saginaw ISD. Strategically positioned in the high-growth Blue Mound corridor, the property benefits from strong connectivity to I-35W, Loop 820, and the Alliance Texas employment hub. The surrounding area is experiencing continued residential and commercial development, contributing to long-term appreciation potential. With full occupancy, proven rental history, and a location within one of Fort Worth’s most active submarkets, Willows Apartments presents an attractive investment opportunity with value-add upside.

Investor Tools

Property Icon
$1,106,940
Estimated Property Value
$421,136Estimated Mortgage Balance
$685,804Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,617
$1,106,940
2025
$94,418
$1,012,522
$1,106,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,617
$1,106,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Saman Vetures Llc
Unknown
$430,000
No
First
Mar 26, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$421,136
$685,804
61%
38%
$2,579/mo

City: Saginaw

612 S Blue Mound Rd | Property Details | No Agent List