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$229,000

1429 Teak Ln, Fort Worth, TX, 76140

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.32 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Luxury Vinyl Plank

Exterior

Lot Size4,905 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN39549-11-15A
Lot Number15A
SubdivisionSouth Oak Grove Estates Addn
Land UseOther / Unknown
Legal DescriptionSOUTH OAK GROVE ESTATES ADDN BLOCK 11 LOT 15A
Census Tract111203
Assessed Land Value$53,955
Assessed Improvement Value$180,316
Assessment Year2025

About this property

Skip the wait and the builder’s upgrade list and enjoy $5,000 in seller concessions for closing cost assistance or to buy down that interest rate. Built in 2024 in Fort Worth’s South Oak Grove community, this move-in ready 3-bedroom, 2.5-bathroom Lennar home offers all the advantages of new construction without the hassle or delay. Designed for modern living, the main level features a fluid, open-concept floor plan centered around a spacious kitchen complete with granite countertops, a recently replaced refrigerator, and a wraparound breakfast bar that overlooks the sunlit family room. Step directly from the main living area out to the private backyard, ideal for outdoor relaxing or weekend entertaining. A convenient main-floor powder room and access to the attached 2-car garage complete the lower level. Head upstairs to find a quiet retreat housing all three bedrooms. The primary suite serves as a relaxing haven featuring a private en-suite bathroom and a spacious walk-in closet. Meticulously maintained and turn-key, schedule your tour today!

Investor Tools

$197,503Estimated Mortgage Balance
$39,497Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

Interested in this property?

Nick Diaz

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,479
$234,271
2025
$53,955
$180,316
$234,271
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,479
$234,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$205,197
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,503
$39,497
16%
83%
$1,231/mo

City: Fort Worth

1429 Teak Ln | Property Details | No Agent List