$188,000
NAL Estimated Property Value8509 Michael Street, White Settlement, TX, 76108
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Cooktop, Microwave
FlooringCarpet, Laminate
Exterior
Lot Size8,268 sqft
Building Information
Year Built1952
Stories1
Garage Spaces2
Land Information
APN33630-6A-3
Lot Number3
SubdivisionRashti & White Subdivision
Land UseResidential
Legal DescriptionRASHTI & WHITE SUBDIVISION BLOCK 6A LOT 3
Census Tract110703
Assessed Land Value$41,350
Assessed Improvement Value$139,615
Assessment Year2025
About this property
COME SEE THIS ADORABLE NEWLY REMODELED STARTER HOME LOCATED IN THE WEST OF FORT WORTH ONLY 2.5 MILES FROM LOCKHEED MARTIN!! LOTS OF UPGRADES SUCH AS FRESH PAINT ON INTERIOR AND EXTERIOR, AC SYSTEM, SIDING, WINDOWS, BATHROOMS, KITCHEN, MICROWAVE, STOVE, FRONT AND BACK DOOR, LAMINATE FLOORING, CARPET IN BEDROOMS, WATER HEATER, LIGHTING, INPUT ELECTRICITY IN THE GARAGE. SUBMIT YOUR OFFERS BEFORE IT’S GONE!!
Investor Tools
$188,000
Estimated Property Value
$312,398Estimated Mortgage Balance
$188,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,306
$180,965
2025
$41,350
$139,615
$180,965
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,306
$180,965
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$167,887
No
First
Dec 2, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,398
N/A
0%
166%
$2,045/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,045/mo
$-118/mo
12.3%
