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Owner Contacts

$292,000

NAL Estimated Property Value

7416 Madeira Dr, Fort Worth, TX, 76112

Off Market

3 Beds

2 Bath

1,562 Sq Ft

$208.07 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Other

Exterior

Lot Size8,760 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN13470-2-14

Lot Number14

SubdivisionFair Meadows Addition

Land UseResidential

Legal DescriptionFAIR MEADOWS ADDITION BLOCK 2 LOT 14

Census Tract106512

Assessed Land Value$50,000

Assessed Improvement Value$118,495

Assessment Year2025

About this property

Rebuild in 2023: Move in to your new house. everything was done for you. HI CEILING!!!! New Roof (includes: new framing, new decking system, 30 years composition shingles). new insulation. Complete and new ELECTRIC system (wiring, electrical panel, recess Led lights, switches, plugs, much more) New Air Conditioner Unit (electric and gas). New gas water Heater. New custom-made cabinets, New Dish washer, New Microwave with connected vent a hood system. New 3cm Quartz counter tops. Open concept kitchen Island which includes an under-mount sink. New vinyl planks flooring system. Walk in Closets, walk in Master shower, porcelain tile on bathrooms and laundry area. New Interior and Exterior Doors. New windows. New faucets new vanities. etc. Extra-large 2car garage, huge storage shed in the back. Minutes' drive from AT&T Stadium. Ready to move in conditions! Quiet neighborhood. You must see it!!!

Investor Tools

$292,000

Estimated Property Value

$288,713Estimated Mortgage Balance

$3,287Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$397/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,304

$168,495

2025

$50,000

$118,495

$168,495

Tax History

Year

Tax Paid

Assessed Value

2024

$3,304

$168,495

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$299,475

Yes

First

May 1, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$288,713

$3,287

99%

$1,796/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$1,796/mo

+$131/mo

7.9%

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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