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Owner Contacts

$370,000

NAL Estimated Property Value

705 Oak Forest Dr, Fort Worth, TX, 76114

Off Market

3 Beds

2 Bath

1,376 Sq Ft

Single Family Residence

$1.6 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer

FlooringCeramic Tile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1956

Stories1

Garage Spaces2

Land Information

APN40860-V-4

Lot Number4

SubdivisionSunset Acres Addition

Land UseResidential

Legal DescriptionSUNSET ACRES ADDITION BLOCK V LOT 4

Census Tract102201

Assessed Land Value$150,000

Assessed Improvement Value$125,200

Assessment Year2025

About this property

Charming home backing the levy & next to the Trinity Trail entry in the highly sought after Burton Hill area. Close to the redeveloped River District, FW westside & Westworth Village. Enjoy incredible proximity to the trails! Plus a short walk to Melva Campbell Park with kid play equipment & free pickleball courts. The backyard is open & spacious overlooking Rivercrest to the right and new River Dist homes to the left. Enjoy Heim BBQ, Salsa Limon, Gemelle & other local eateries in the RD as well as Hudson House, Tokyo Cafe and many others off Camp Bowie. Truly an outdoor lovers dream. However the inside is tasteful & charming too! Enjoy hardwoods, subway tile, wainscoting... There is a third flex-room that would work well as a 3rd bedroom or study but does not have a closet. Big 2 car garage! The lease includes a refrigerator as well as an older washer and dryer in garage are available, if desired. Burton Hill Elementary highly rated with coveted Spanish immersion program.

Investor Tools

$370,000

Estimated Property Value

$160,890Estimated Mortgage Balance

$209,110Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,220 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$723/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,830

$275,200

2025

$150,000

$125,200

$275,200

Tax History

Year

Tax Paid

Assessed Value

2024

$6,830

$275,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fundloans Capital

Conventional

$180,000

First

Nov 3, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$160,890

$209,110

56%

43%

$1,080/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,456/mo

$1,080/mo

+$376/mo

4.7%

Learn About the Market: Opportunity in Fort Worth

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Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

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