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$360,000

NAL Estimated Property Value

753 Red Elm Ln, Fort Worth, TX, 76131

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,126 Sq Ft
price_per_sqft$181.09 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Rain Gutters, Storage
Lot Size5,946 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN8666-4-16
Lot Number16
SubdivisionCreekwood Addition
Land UseResidential
Legal DescriptionCREEKWOOD ADDITION BLOCK 4 LOT 16
Census Tract114109
Assessed Land Value$85,000
Assessed Improvement Value$225,000
Assessment Year2025

About this property

This 3 bedroom 2 bath beautifully maintained home won't last long. Sun-Splashed kitchen with tons cabinets and granite galore! Built with a grand center island and tiled backsplash. Gas range, GE appliances, upgraded brushed nickel Delta faucets throughout home. 3 bedroom + study with enclosed french doors. Master bathroom designed with separate garden tub and shower, separate his & her sinks & tiled throughout. Beautiful wood shelf's and woodwork in the hall between kitchen and living. Home features security system, new HVAC September 2020, gorgeous and extremely oversized 12' X 28' extended rock and cedar covered back patio with ceiling fan and lighting, storage shed, beautiful landscaping

Investor Tools

Property Icon
$360,000
Estimated Property Value
$319,991Estimated Mortgage Balance
$40,009Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,015
$310,000
2025
$85,000
$225,000
$310,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,015
$310,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$341,574
Yes
First
Dec 1, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,991
$40,009
11%
89%
$2,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,298/mo
+$372/mo
8.9%

City: Fort Worth

753 Red Elm Ln | Property Details | No Agent List