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$239,000

7520 Parkwood Ln, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.12 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,052 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN31808-56-6
Lot Number6
SubdivisionParkwood Estates
Land UseResidential
Legal DescriptionPARKWOOD ESTATES BLOCK 56 LOT 6
Census Tract105511
Assessed Land Value$45,000
Assessed Improvement Value$212,000
Assessment Year2025

About this property

This is a perfect place to call home! As soon as you walk in you are greeted with a large open living room with a stunning wood burning fireplace. The breakfast nook is just off the galley kitchen with granite and backsplash, glass upper cabinetry and a bar height countertop. There is plenty of space with 3 bedrooms, 2 bathrooms and an oversized storage closet. The owners suite has great natural lighting and a walk-in closet. Enjoy the custom tile shower with a full body spray system and farmhouse custom shelves to decorate or use for extra storage. You'll love the new privacy fence installed in the backyard that backs up to the park! Conveniently located and minutes from shopping, schools and highways.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$240,562Estimated Mortgage Balance
$36,907Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,163
$257,000
2025
$45,000
$212,000
$257,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,163
$257,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$240,562
Yes
First
Nov 23, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,093
$36,907
14%
86%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,443/mo
+$577/mo
9.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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7520 Parkwood Ln | Property Details | No Agent List