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$330,000

NAL Estimated Property Value

8600 Thistle Ridge Terrace, Fort Worth, TX, 76123

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,970 Sq Ft
price_per_sqft$114.21 / sqft
Year BuiltBuilt in 2005

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 Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,757 sqft

Building Information

Year Built2005
Stories1
Garage Spaces3

Land Information

APN40672B-15-101
Lot Number101
SubdivisionSummer Creek Ranch Addition
Land UseResidential
Legal DescriptionSUMMER CREEK RANCH ADDITION BLOCK 15 LOT 101
Census Tract111033
Assessed Land Value$70,000
Assessed Improvement Value$250,758
Assessment Year2025

About this property

Multiple offers. Deadline for highest and best offer is Thursday, 6.13.2019 at 5:00 PM. Great pie-shaped large lot. Hard to find three car garage. Practical lay out with two living areas. Roof replaced in 2017. Nest thermostat. Master separate from other three bedrooms. Elfa units in most closets. Open concept kitchen to family room. Surround sound speakers in family room. Under counter lighting in kitchen.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$210,032Estimated Mortgage Balance
$119,968Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,415
$320,758
2025
$70,000
$250,758
$320,758
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,415
$320,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$220,924
Yes
First
Jul 12, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,032
$119,968
36%
64%
$1,449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,736/mo
+$1,144/mo
10.5%

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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8600 Thistle Ridge Terrace | Property Details | No Agent List