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$425,000

720 Northwood Rd, Fort Worth, TX, 76107

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.14 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size7,436 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN8810-18-7
Lot Number7
SubdivisionCrestwood Addition
Land UseResidential
Legal DescriptionCRESTWOOD ADDITION BLOCK 18 LOT 7
Census Tract102102
Assessed Land Value$179,400
Assessed Improvement Value$60,889
Assessment Year2025

About this property

720 Northwood Lane presents a rare opportunity to build a custom home in Crestwood, one of Fort Worth, Texas’ most established and sought-after neighborhoods. Set along a picturesque, tree-lined street beneath a canopy of trees, this property presents an exceptional combination of location, neighborhood character and proximity to the Trinity River. Lot measures at approximately 60' x 114', the 7,440-square-foot (.1708-acre) lot provides an ideal setting for a thoughtfully designed custom residence that complements the distinctive architecture and established character of the Crestwood neighborhood. Located just moments from the Trinity River Trails, the property offers convenient access to miles of walking, running and cycling trails, along with nearby parks. Crestwood neighborhood offers easy access to Downtown Fort Worth, the Cultural District, West 7th, the Fort Worth Stockyards and the city’s premier dining, shopping, museums and entertainment destinations. Residential lots opportunities in established Fort Worth neighborhoods with mature trees and close proximity to the Trinity River are increasingly difficult to find. With its desirable Crestwood location, 720 Northwood Lane offers a compelling opportunity for buyers, builders or architects seeking to create a custom home in one of Fort Worth’s most distinctive neighborhoods.

Investor Tools

$30,663Estimated Mortgage Balance
$366,337Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Ida Duwe Olsen

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,785
$240,289
2025
$179,400
$60,889
$240,289
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,785
$240,289

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Stand Alone First / Home Equity First Lien
$75,000
No
First
Mar 31, 2005
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,663
$366,337
92%
8%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$450/mo
+$1,080/mo
4.6%

City: Fort Worth

720 Northwood Rd | Property Details | No Agent List