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$318,259

NAL Estimated Property Value

8413 Cloverglen Ln, Fort Worth, TX, 76123

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,298 Sq Ft
price_per_sqft$60.05 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size4,587 sqft

Building Information

Year Built1996
Stories2
Garage Spaces2

Land Information

APN39607-11-4
Lot Number4
SubdivisionSouthgate Addition-Ft Worth
Land UseResidential
Legal DescriptionSOUTHGATE ADDITION-FT WORTH BLOCK 11 LOT 4
Census Tract111026
Assessed Land Value$40,000
Assessed Improvement Value$278,259
Assessment Year2025

About this property

Spacious two-story brick home with 5 bedrooms, 2.5 baths, kitchen with breakfast area, formal dining, open living room with vaulted ceiling, 2-car garage. Home is located within 1-3 miles from many conveniences, shopping, restaurants, and major highways. Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only. Bid Submission Deadline: 4-13-2020 11:59:59 PM CT. To submit offers visit HUD Home Store at HudHomeStore . com. HUD is offering the FHA $100 Down Sales Incentive for this HUD-owned property for qualifying owner-occupant purchasers. HUD homes are sold As-Is.

Investor Tools

Property Icon
$318,259
Estimated Property Value
$131,311Estimated Mortgage Balance
$186,948Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,910 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,755
$318,259
2025
$40,000
$278,259
$318,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,755
$318,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$148,103
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,311
$186,948
58%
41%
$888/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$888/mo
+$2,682/mo
13.5%

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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8413 Cloverglen Ln | Property Details | No Agent List