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$300,000

8921 Friendswood Dr, Fort Worth, TX, 76123

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.51 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

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, Plumbed For Ice Maker
FlooringCarpet, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Yard
Lot Size5,750 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN40672B-26-31
Lot Number31
SubdivisionSummer Creek Ranch Addition
Land UseResidential
Legal DescriptionSUMMER CREEK RANCH ADDITION BLOCK 26 LOT 31
Census Tract111033
Assessed Land Value$60,000
Assessed Improvement Value$220,000
Assessment Year2025

About this property

One owner and proudly maintained property in Summer Creek Ranch! This single story plan offers a sensible life design along with a well maintained past. Freshly painted and comes with many property improvements including a walk in shower in the secondary bath, hail proof rubber shingles, sidewalk to back yard, slab under the conveying storage shed, decked back porch with included Michael Phelps spa hot-tub, porch railings & lighted remote controlled awning, and a bricked & covered front porch! Mature trees give you shade from the setting sun and the manicured lawn includes a rain bird sprinkler system to automate watering. Master suite offers a soaking tub and walk in closet. The front secondary living area with connected study would easily make for a formal dining room if needed. Utility room right outside the owner's retreat offers maximum simplicity and convenience!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$304,000Estimated Mortgage Balance
$17,227Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,903
$280,000
2025
$60,000
$220,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,903
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Conventional
$304,000
No
First
Aug 10, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,773
$17,227
5%
94%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,110/mo
+$770/mo
11.5%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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8921 Friendswood Dr | Property Details | No Agent List