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$346,213

8916 Friendswood Dr, Fort Worth, TX, 76123

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,557 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.78 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan, Water Softener
FlooringCarpet, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,497 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN40672B-27-26
Lot Number26
SubdivisionSummer Creek Ranch Addition
Land UseResidential
Legal DescriptionSUMMER CREEK RANCH ADDITION BLOCK 27 LOT 26
Census Tract111033
Assessed Land Value$60,000
Assessed Improvement Value$286,213
Assessment Year2025

About this property

This lovingly maintained and updated Summer Creek Ranch home is a beauty. With 4 bedrooms, 2 and a half baths, and 3 living areas, there is plenty of room for everyone. The 8-foot front door opens to a large entry with open-concept living and dining rooms to the left and a great room with soaring ceilings straight ahead. The entire house has been recently painted and has new flooring throughout. A completely updated eat-in kitchen with beautiful granite countertops opens to the great room. The large owner's suite is downstairs and features an ensuite bath with a garden tub and separate shower. The backyard amenities include a cedar pergola, a cedar fence, and a greenbelt view. HOA includes the use of not one, but two great community pools. This is the one you have been looking for.

Investor Tools

Property Icon
$346,213
Estimated Property Value
$190,000Estimated Mortgage Balance
$167,905Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,019
$346,213
2025
$60,000
$286,213
$346,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,019
$346,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Oklahoma Mortgage Llc
Conventional
$190,000
No
First
Jan 12, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,308
$167,905
48%
52%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,640/mo
+$1,930/mo
12.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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8916 Friendswood Dr | Property Details | No Agent List