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$308,000

NAL Estimated Property Value

8112 Iris Cir, Fort Worth, TX, 76137

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,677 Sq Ft
price_per_sqft$187.84 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringTile, Vinyl

Exterior

Lot Size4,996 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN40685-152-28
Lot Number28
SubdivisionSummerfields Addition
Land UseResidential
Legal DescriptionSUMMERFIELDS ADDITION BLOCK 152 LOT 28
Census Tract113924
Assessed Land Value$55,000
Assessed Improvement Value$227,483
Assessment Year2025

About this property

This BEAUTIFUL home sits in an ideal location, and has been COMPLETELY remodeled from head to toe! 2024 UPDATES include: New Roof, New HVAC, New paint Inside and Out, New waterproof vinyl Floors, New baseboards, New stainless steel appliances, New LED Lighting, New garage motor, New Toilets and fixtures, New Hardware, New Fencing, and freshly laid grass. Equipped with Low E Vinyl Windows, a full sprinkler system, gutters and a nice backyard pergola. This property is truly turn key and ready for you to call home without the headache of costly repairs! Hurry this is the best home in the area for this price!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$309,940Estimated Mortgage Balance
$308,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,403
$282,483
2025
$55,000
$227,483
$282,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,403
$282,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$316,463
No
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,940
N/A
0%
101%
$1,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,898/mo
+$552/mo
9.5%

City: Fort Worth