$325,000
16240 Red River Ln, Fort Worth, TX, 76247
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal
FlooringCarpet, Vinyl
Exterior
Lot Size7,318 sqft
Building Information
Year Built2003
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR245917
Lot Number35
SubdivisionHarriet Creek Ranch Ph 1
Land UseResidential
Legal DescriptionHARRIET CREEK RANCH PH 1 BLK 17 LOT 35
Census Tract020320
Assessed Land Value$68,588
Assessed Improvement Value$252,471
Assessment Year2025
About this property
Fantastic home and in sought after neighborhood. Large yard with pool. Great for entertaining and raising a family. Refrigerator, washer and dryer conveyed with an acceptable offer. Do not miss out on this great opportunity to own your dream home at a great price.
Investor Tools
$204,019Estimated Mortgage Balance
$124,981Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
$89/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,816
$321,059
2025
$68,588
$252,471
$321,059
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,816
$321,059
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$233,994
No
First
Apr 8, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,019
$124,981
37%
62%
$1,403/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,492/mo
+$898/mo
8.7%
