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$537,000

816 Oak Grove Rd E, Fort Worth, TX, 76028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.96 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size3.20 acres

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN11075--7
Lot Number7
SubdivisionEdwards, W B Garden Acres Addn
Land UseResidential
Legal DescriptionEDWARDS, W B GARDEN ACRES ADDN LOT 7
Census Tract111203
Assessed Land Value$177,500
Assessed Improvement Value$343,136
Assessment Year2025

About this property

3.2 gorgeous acres ready for you to make it your own farm! Bring your horses, Cows, goats and chickens! This is the perfect location to create a self sufficient lifestyle. Home has 4 bedrooms, 2 full baths, a garage conversion that can be used for a game room or gym and a sun room that has gorgeous original windows allowing for natural light to brighten the room. Sun room has french doors allowing for access to back covered porch that oversees the back acreage. Has 3 gated entrances, 3 covered parking, and a detached garage that needs a garage door to make it 4 covered parking.

Investor Tools

Property Icon
$537,000
Estimated Property Value
$467,500Estimated Mortgage Balance
$94,461Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,151
$520,636
2025
$177,500
$343,136
$520,636
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,151
$520,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$467,500
No
First
Jun 5, 2023
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,539
$94,461
17%
82%
$2,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,803/mo
$-783/mo
4.5%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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816 Oak Grove Rd E | Property Details | No Agent List