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$331,797

NAL Estimated Property Value

8537 Rainy Lake Drive, Fort Worth, TX, 76244

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.83 / 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, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size5,497 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN817H-13-10
Lot Number10
SubdivisionArcadia Park Addition
Land UseResidential
Legal DescriptionARCADIA PARK ADDITION BLOCK 13 LOT 10
Census Tract113938
Assessed Land Value$55,000
Assessed Improvement Value$276,797
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED!!! SELLER WILL BE REVIEWING OFFERS MONDAY APRIL 25TH AFTER 12PM!!!. You will LOVE this super cute- single story- Arcadia Park addition addition home that has been gently lived in and well cared for!!! Great flexible floor plan could be used as is or huge front living area could accommodate an office area upon entry PLUS another living, dining or office area!!! Relax and enjoy entertaining on a nice size covered back patio and lots of storage with a solid storage building!!! Highly desired location with easy access to Interstate 35 and just minutes to major shopping areas, restaurants, AND MORE!!!

Investor Tools

Property Icon
$331,797
Estimated Property Value
$316,397Estimated Mortgage Balance
$15,400Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,991 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,738
$331,797
2025
$55,000
$276,797
$331,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,738
$331,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$342,000
No
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,397
$15,400
4%
95%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$2,051/mo
+$1,519/mo
12.9%

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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8537 Rainy Lake Drive | Property Details | No Agent List