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$1,995

8045 Cannonwood Dr, Fort Worth, TX, 76137

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size5,894 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN40685-169-23
Lot Number23
SubdivisionSummerfields Addition
Land UseResidential
Legal DescriptionSUMMERFIELDS ADDITION BLOCK 169 LOT 23
Census Tract113924
Assessed Land Value$55,000
Assessed Improvement Value$151,339
Assessment Year2025

About this property

Here is the affordable home in Keller ISD you have been looking for. This home just got new inside paint and has ceramic tile throughout with no carpet. The spacious living area has a fireplace. The kitchen has a built in microwave, stove and dishwasher, no frig. Yard is fenced. Home is all electric. No smoking, no housing vouchers. TAR app $65. Income needs to be 3x monthly rent, good rental and no bad in last 5 years. Renters insurance required.

Investor Tools

$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

Interested in this property?

Nonie Bennett

Fortune Real Property Mgmt

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,644
$206,339
2025
$55,000
$151,339
$206,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,644
$206,339

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
N/A
+$2,450/mo
11.4%

Learn About the Market: Opportunity in Fort Worth

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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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8045 Cannonwood Dr | Property Details | No Agent List