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$345,000

7041 Lomo Alto Dr, Fort Worth, TX, 76132

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.69 / sqft
Year BuiltBuilt in 1999

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

Exterior

Lot Size8,934 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN31624D-27-29
Lot Number29
SubdivisionPark Palisades Addition
Land UseResidential
Legal DescriptionPARK PALISADES ADDITION BLOCK 27 LOT 29
Census Tract105517
Assessed Land Value$50,000
Assessed Improvement Value$280,615
Assessment Year2025

About this property

Cutest house on the block with tall ceilings and open floor plan. Lovely oak trees surround the large corner lot with beautiful landscaping. Open living and dining areas connect to the kitchen with granite counters and stainless appliances. Modern light fixtures on a neutral color palette make this home an easy home run. Large master suite with ample sized bath and closets. Lovely front and back porch to greet and hang out with friends and family. The fabulous back yard was updated three years ago with $7k worth of boulders, stones and solar lighting plus a storage shed. It's a short walk to the community pool and the southwest hospital district.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$319,113Estimated Mortgage Balance
$24,379Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,436
$330,615
2025
$50,000
$280,615
$330,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,436
$330,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Towne Mortgage Co
Conventional
$319,113
No
First
Sep 19, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,621
$24,379
7%
93%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,050/mo
$2,180/mo
$-130/mo
7.4%

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.

Explore Texas Explore This Area
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: Fort Worth

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7041 Lomo Alto Dr | Property Details | No Agent List