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$505,000

NAL Estimated Property Value

8600 Olympia Trace Cir, Fort Worth, TX, 76244

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,352 Sq Ft
price_per_sqft$158.11 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBasketball Court, Dog Run, Private Yard
Lot Size11,818 sqft

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APN42406-6-30
Lot Number30
SubdivisionTrace Ridge Addition
Land UseResidential
Legal DescriptionTRACE RIDGE ADDITION BLOCK 6 LOT 30
Census Tract113946
Assessed Land Value$70,000
Assessed Improvement Value$416,811
Assessment Year2025

About this property

BIG HOUSE + 1-1 APARTMENT in Keller ISD! This layout has so many good features! 3 CAR GARAGE! Lots of big rooms: Formal Living + Dining, Study (French Doors), massive 19x14-ft Den with double built-ins + GAS FP! This kitchen is the gathering place: white cabinets with massive amounts of granite counters + DESIGNER ISLAND, double ovens, electric cooktop (plumbed for gas)! Cozy earth-tone paint colors. ALL BEDS UP with big walk-in closets. GIANT PRIMARY SUITE is it's own wing + 12x10-ft ensuite bath + 3-tier closet. Seriously, this closet is the envy of the neighborhood - it has a window! 2 LAUNDRY (full-size down in util room, stackable up in closet). Super CUTE 412-SQFT APARTMENT has kitchen + 1 bedrm + full bath + stackable laundry. Perfect for mom-in-law or multi-gen. Previous owner poured concrete for BASKETBALL SLAB & built the apt. Side yard for dog run, big corner lot = HUGE YARD! SOLAR SCREENS help lower utility bills. Fresh paint, carpets cleaned & ready for new owners!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$432,902Estimated Mortgage Balance
$72,098Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,429
$486,811
2025
$70,000
$416,811
$486,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,429
$486,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$450,500
No
First
Mar 29, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,902
$72,098
14%
86%
$2,701/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$3,076/mo
+$494/mo
8.5%

Learn About the Market: Opportunity in Fort Worth

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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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8600 Olympia Trace Cir | Property Details | No Agent List