B+

NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$287,000

NAL Estimated Property Value

7228 Normandy Rd, Fort Worth, TX, 76112

Off Market

3 Beds

2 Bath

1,773 Sq Ft

Single Family Residence

$186.13 / sqft

Built in 1962

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Dryer, Electric Oven, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Washer

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Lot Size10,250 sqft

Building Information

Year Built1962

Stories1

Garage Spaces2

Land Information

APN36930-10-3

Lot Number3

SubdivisionRyanwood Addition

Land UseResidential

Legal DescriptionRYANWOOD ADDITION BLOCK 10 LOT 3

Census Tract106503

Assessed Land Value$50,000

Assessed Improvement Value$227,468

Assessment Year2025

About this property

CHARMING CURB APPEAL FOR DAYS! You MUST Experience this DREAMY BACKYARD for yourself to Believe it! The PERFECT Place to Spend your Summer Days & Nights ~ Host & Entertain on the Massive Back Deck, Share Stories around the Firepit, Garden to your Heart's Content, Enjoy the Gorgeous Espalier, with Climbing Roses & Appreciate the Overall Thoughtful Landscaping. Don't Stop There! Interior Features Noteworthy Natural Light, Spacious & Desirable Split Bedroom Arrangement, Custom Dry Bar, Dining, & Master Bedroom Stained Shiplap, Built-in Window Seat Overlooking the Yard, Classy German Schmear Wood-Burning Cozy Fireplace, Vaulted Ceiling. Meaningful Updates Include Water Heater 2023, HVAC System 2022, Gutters, Flood Lights, French Drain, Closet Shelving, Hardware, Chimney Cleaned, Interior Paint, Additional Attic Insulation. Conveniently Located for Highway Accessibility & Sandy Lane Park with a Playground, Tennis Court, & Walking Trail. Call it HOME today!

Investor Tools

$287,000

Estimated Property Value

$301,258Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,980 /month

Positive

Cash Flow Estimate:

$660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$638/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,226

$277,468

2025

$50,000

$227,468

$277,468

Tax History

Year

Tax Paid

Assessed Value

2024

$6,226

$277,468

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Alcova Mortgage Llc

Conventional

$318,250

First

Jun 1, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$301,258

N/A

105%

$1,909/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$1,909/mo

+$18/mo

8.1%

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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