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$360,000

NAL Estimated Property Value

617 Spring Forest Dr, Bedford, TX, 76021

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,789 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.81 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Lot Size7,440 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN39905-1-5
Lot Number5
SubdivisionSpring Brook Estates Addition
Land UseResidential
Legal DescriptionSPRING BROOK ESTATES ADDITION BLOCK 1 LOT 5
Census Tract113626
Assessed Land Value$75,000
Assessed Improvement Value$178,412
Assessment Year2025

About this property

Come and make this your home. Freshly painted, in a very quiet neighborhood. Recently updated bathrooms, and freshly painted bedrooms. Roof is only 3 months old; HVAC is maintained every 6 months. Added room off the kitchen that can be an office, a playroom, or just a room for some reading or quite time. Enjoy the mornings or evenings having your favorite beverages on the long front porch. Wood burning fireplace to cozy up to and have a hot coco or a cup of coffee. Nice size back yard for the kids to play in or your pets run around in. If you are looking for a home that is comfortable and spacious for its size, come and take a look at this one.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$233,405Estimated Mortgage Balance
$126,595Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,279
$253,412
2025
$75,000
$178,412
$253,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,279
$253,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$244,500
No
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,405
$126,595
35%
65%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,466/mo
+$654/mo
7.1%

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: Bedford

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617 Spring Forest Dr | Property Details | No Agent List