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$272,000

NAL Estimated Property Value

7116 Monterrey Dr, Fort Worth, TX, 76112

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.63 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Washer

Exterior

Lot Size8,586 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN36930-2-7
Lot Number7
SubdivisionRyanwood Addition
Land UseResidential
Legal DescriptionRYANWOOD ADDITION BLOCK 2 LOT 7
Census Tract106503
Assessed Land Value$50,000
Assessed Improvement Value$186,815
Assessment Year2025

About this property

This property is tenant occupied, so traditional showings will not be available. This home will not qualify for FHA. Cash or hard money offers are preferred. Property requires foundation repairs. All information is deemed reliable but not guaranteed. Buyers and buyers agent to verify all information, measurements, and details.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$211,193Estimated Mortgage Balance
$60,807Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,481
$236,815
2025
$50,000
$186,815
$236,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,481
$236,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hurst Real Estate Inc
Conventional
$220,500
No
First
Jan 31, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,193
$60,807
22%
78%
$1,323/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,323/mo
+$604/mo
8.5%

City: Fort Worth

7116 Monterrey Dr | Property Details | No Agent List