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$261,000

NAL Estimated Property Value

8504 Choctaw Trl, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.38 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater
FlooringCarpet, Concrete, Laminate, Tile

Exterior

Lot Size10,293 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN46075-23-5
Lot Number5
SubdivisionWestern Hills Add Sec Iii-Viii
Land UseResidential
Legal DescriptionWESTERN HILLS ADD SEC III-VIII BLOCK 23 LOT 5
Census Tract105201
Assessed Land Value$35,000
Assessed Improvement Value$201,619
Assessment Year2025

About this property

OFFER HAS BEEN ACCEPTED. THANK YOU. MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY SUNDAY, JANUARY 8TH AT 5PM. Situated in the Western Hills Addition of Fort Worth, this home has been updated with a beautiful kitchen including stainless steel appliances, soft touch drawers with plenty of space for everything right here! Granite countertops and lots of cabinet space. The home boasts a modern feel with an open concept. The additional bonus room adds plenty of space for a great dining area or family room. Bay window looks out into the backyard. Bathrooms have been updated, as well as laminate flooring in many areas. This home has many opportunities for you to make it your own. Solar Panels will alleviate the summer heat wave and convey to the new owner. Closet in master is a good size as well as and plenty of storage in the family bonus room. This is truly a diamond in the rough waiting for you to add your final touches. Come and see it soon!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$188,020Estimated Mortgage Balance
$72,980Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,748
$236,619
2025
$35,000
$201,619
$236,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,748
$236,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gsb Mortgage Inc
Conventional
$200,000
No
First
Feb 17, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,020
$72,980
27%
72%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,200/mo
+$727/mo
8.9%

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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8504 Choctaw Trl | Property Details | No Agent List