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$430,000

7505 Parkgate Drive, Fort Worth, TX, 76137

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.24 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,645 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN31808M-1-2-70
Lot Number2
SubdivisionParkwood Hill Addition
Land UseResidential
Legal DescriptionPARKWOOD HILL ADDITION BLOCK 1 LOT 2 PLAT A4601
Census Tract113920
Assessed Land Value$75,000
Assessed Improvement Value$355,000
Assessment Year2025

About this property

PERFECT updated family home with 5 bedrooms! Need room to roam? Master plus gameroom and 3 beds up plus one bed down with huge closet that doubles as an office. Your new home has seen a total facelift since 2018, completely updated, top to bottom, including new roof in July of 2020, updated flooring, kitchen with new appliances, countertops, new kitchen backsplash and double ovens! No matter where you turn, you will be amazed! Large backyard with extended covered patio! New hot water heater in 2019. Play house to convey! Why wait? See this home now! Buyer and Buyer agent to verify all information. Multiple offers received! Highest and best by 3PM 7-27-2020

Investor Tools

Property Icon
$430,000
Estimated Property Value
$0Estimated Mortgage Balance
$251,952Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,632
$430,000
2025
$75,000
$355,000
$430,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,632
$430,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$200,000
No
First
Sep 1, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,048
$251,952
58%
41%
$1,200/mo

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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7505 Parkgate Drive | Property Details | No Agent List