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$247,000

7959 Fairgrounds Ln, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,235 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.28 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size5,497 sqft

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APN17076-6-16
Lot Number16
SubdivisionHanna Ranch
Land UseResidential
Legal DescriptionHANNA RANCH BLOCK 6 LOT 16
Census Tract106004
Assessed Land Value$33,000
Assessed Improvement Value$162,839
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. *BEST & FINAL OFFERS DUE BY FEB 27, 7PM* Is it time to STOP renting? Are you looking for an INVESTMENT opportunity? Nestled in a very well-established neighborhood in Fort Worth, this home will make a perfect starter home or a great investment property. The living room space is just right to cozy up in front of the tv with loved ones or pets. Plenty of STORAGE in the kitchen helps keep you organized. A separate breakfast nook provides the perfect spot for that first cup of coffee. Your primary suite will easily accommodate a king-size bed and the two additional bedrooms are perfect for children or guests. You'll absolutely appreciate the spacious BACKYARD space. What a great space for ENTERTAINING & enjoying the outdoors. This house is just waiting for someone like you to come along and make it their own! Build equity for your family or create passive income. What are you waiting for…snap this one up before it’s gone!!!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$236,550Estimated Mortgage Balance
$12,165Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,475
$195,839
2025
$33,000
$162,839
$195,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,475
$195,839

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Unknown
$236,550
No
First
Dec 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,835
$12,165
4%
95%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,419/mo
+$581/mo
9.7%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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7959 Fairgrounds Ln | Property Details | No Agent List