Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$318,000

NAL Estimated Property Value

8609 Rainy Lake Dr, Fort Worth, TX, 76244

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,750 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Convection Oven, Refrigerator

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,497 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN817H-8-8
Lot Number8
SubdivisionArcadia Park Addition
Land UseResidential
Legal DescriptionARCADIA PARK ADDITION BLOCK 8 LOT 8
Census Tract113938
Assessed Land Value$55,000
Assessed Improvement Value$260,328
Assessment Year2025

About this property

Spacious 1 story in Keller ISD. Large living with fireplace. Open concept living, kitchen and breakfast areas. Large study has a closet and could be used as a 4th bedroom. Split bedrooms. The primary bedroom is spacious and has a large closet. The secondary bedrooms are a good size and on the other side of the home. Washer and Dryer to stay, Stainless steel refrigerator to stay. Updated paint, updated blinds.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$80,453Estimated Mortgage Balance
$237,547Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,662
$315,328
2025
$55,000
$260,328
$315,328
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,662
$315,328

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J&M Mtg Brokers Ltd
Fha
$150,829
Yes
First
Jan 31, 2008
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,453
$237,547
74%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
N/A
+$3,570/mo
13.5%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

8609 Rainy Lake Dr | Property Details | No Agent List