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$200,000

6804 Margaret Dr, Forest Hill, TX, 76140

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.68 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size7,614 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN35160-4-3
Lot Number3
SubdivisionRosebud Addition
Land UseResidential
Legal DescriptionROSEBUD ADDITION BLOCK 4 LOT 3
Census Tract111102
Assessed Land Value$22,848
Assessed Improvement Value$196,779
Assessment Year2025

About this property

HUD owned property. Case #513-284311. HUD properties are sold as-is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing and funding. Beautifully updated and full of charm, this single story home is conveniently located in Forest Hill, just outside Fort Worth. Previously remodeled around 2024, the home offers excellent curb appeal with a crisp farmhouse white exterior and a newer roof. Inside, you will find updated luxury vinyl plank flooring, refreshed bathrooms, and a comfortable single story layout. The property also features two separate one car garages, providing added parking and storage flexibility. Out back, enjoy a private fenced yard surrounded by attractive foliage, creating a peaceful space for relaxing or entertaining.

Investor Tools

$227,761Estimated Mortgage Balance
$219,627Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,318 /month
Positive
Cash Flow Estimate:
$439 /month

Interested in this property?

Chris Hinkle

Chris Hinkle Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,983
$219,627
2025
$22,848
$196,779
$219,627
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,983
$219,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$236,634
Yes
First
Apr 11, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,761
N/A
0%
104%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,419/mo
+$581/mo
10.9%

City: Forest Hill

6804 Margaret Dr | Property Details | No Agent List