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$315,000

NAL Estimated Property Value

8509 Tribute Lane, Fort Worth, TX, 76131

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.54 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size6,957 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN23623G-25-8
Lot Number8
SubdivisionLasater Addition
Land UseResidential
Legal DescriptionLASATER ADDITION BLOCK 25 LOT 8
Census Tract113930
Assessed Land Value$65,000
Assessed Improvement Value$204,820
Assessment Year2025

About this property

Excellent condition 4 bedroom, 2 bathroom home in a great neighborhood. Convenient floor plan with a large granite breakfast bar open to the large living room which boasts a handsome brick fireplace plus dining area and breakfast nook. The well-appointed kitchen is equipped with stainless appliances and granite countertops. It has tons of storage with 42inch cabinets. This flooring is solid surface everywhere, no carpet! New double-paned windows were installed in 2021, granite and ceramic tile flooring and paint in 2018. Big back yard with very large patio is perfect for entertaining and includes a storage building and is a very quiet atmosphere. Don't miss out on this fantastic home.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$251,603Estimated Mortgage Balance
$63,397Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,274
$269,820
2025
$65,000
$204,820
$269,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,274
$269,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$266,250
No
First
May 27, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,603
$63,397
20%
80%
$1,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,310/mo
$1,697/mo
+$1,613/mo
12.6%

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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8509 Tribute Lane | Property Details | No Agent List