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$479,577

NAL Estimated Property Value

7940 Morning Lane, Fort Worth, TX, 76123

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.82 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,999 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN40671-2-27
Lot Number27
SubdivisionSummer Creek Addition
Land UseResidential
Legal DescriptionSUMMER CREEK ADDITION BLOCK 2 LOT 27
Census Tract111032
Assessed Land Value$70,000
Assessed Improvement Value$409,577
Assessment Year2025

About this property

Stately Summer Creek Dream Home! This spacious home welcomes you into the foyer, flanked by an office with built-in shelves on one side and a gorgeous staircase on the other. The living areas and upstairs bedrooms all have brand new carpet. Downstairs master is a retreat with oversized en-suite, showcasing his and hers closets, garden tub, and separate shower! The entire interior has been freshly painted. The kitchen is huge and boasts a walk-in pantry, huge island, granite countertops, and a breakfast area. This is a must see! New hot water installed 2020!

Investor Tools

Property Icon
$479,577
Estimated Property Value
$272,716Estimated Mortgage Balance
$206,861Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,877 /month
Positive
Cash Flow Estimate:
$959 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$479,577
2025
$70,000
$409,577
$479,577
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$479,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Va
$310,800
Yes
First
Feb 14, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,716
$206,861
43%
57%
$1,864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,014/mo
+$866/mo
7.2%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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Explore

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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7940 Morning Lane | Property Details | No Agent List