Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

10213 Fox Grove Court Fort Worth, TX 76131

4 Beds 4 Baths 2,882 sqft Built 2018

$339,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $117.63
  • 4 Days on Market
  • MLS # : 14492465
  • Updated Date : 12/31/2020 at 13:20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,882 sqft
  • Baths : 3 full , 1 half
Listing Agent

All City Real Estate, Ltd. Co.

Listing Agent's Description

Move-in ready in top-rated Northwest ISD! This impeccable home is steps away from the elementary school. Lush landscaping makes this home stand out in the cul-de-sac and draws you into the covered front patio. Enjoy two large living spaces with upgraded lighting. Captivating kitchen comes with granite countertops, stainless steel Maytag double oven, Bosch dishwasher and functional large island. Luxurious Master suite upstairs has attached nook for a nursery or office. Enjoy walk-in closets in each spacious bedroom. Beautiful large backyard with covered porch for entertaining or pets. Watersbend offers clubhouse, resort pool, splash pad, park, and playground. Close to I-35...Oh by the way, the porch swing stays!

SEE MORE

MARKET HIGHLIGHTS

  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
  • Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
  • Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
  • Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)

PRICE & RENT TRENDS

Zip Code: 76131

ZipNIR Market*CityMarket2010Year20002019110k120k130k140k150k160k170k180k190k200k210k220k230k240kPrice in $104k243k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 76131

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9191734

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Sonny And Allegra Nance Elementary School Primary Regular 456 30 5
Chisholm Trail Middle School Middle Regular 899 64 7

Sonny And Allegra Nance Elementary School

  • Education Level: Primary
  • # of students: 456
  • # of teachers: 30
5
GreatSchools Rating

Chisholm Trail Middle School

  • Education Level: Middle
  • # of students: 899
  • # of teachers: 64
7
GreatSchools Rating
 

$305,100$372,900$339,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,251
Property Tax -$777
Property Insurance -$194
HOA -$26
Property Management Fees -$99
CASH FLOW
-$237

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$339,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.39%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,585

INVESTMENT

$95,585

Down Payment
$84,750
Rehab Estimate
$5,750
Closing Costs
$5,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,251

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $84,750
Loan Amount $254,250
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,977

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,110

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,053

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,0003$2,0954$2,1005$2,110
$2,110
RENT COMPS ANALYSIS
  • 10213 Fox Grove Court Fort Worth, TX 5
    • 4 beds 4 baths ∙ 2,882 Sqft ∙ Built 2018 4 beds 4 baths ∙ 2,882 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.73
    •  
  • 10401 Hideaway Trail Fort Worth, TX 1
    • 4 beds 3 baths ∙ 3,038 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,038 Sqft ∙ Built 2005
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.64
    •  
  • 360 Emerald Creek Drive Fort Worth, TX 2
    • 5 beds 4 baths ∙ 2,740 Sqft ∙ Built 2017 5 beds 4 baths ∙ 2,740 Sqft ∙ Built 2017
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.73
    •  
  • 10300 Pyrite Drive Fort Worth, TX 3
    • 4 beds 3 baths ∙ 2,989 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,989 Sqft ∙ Built 2006
    LEASED 09/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.70
    •  
  • 636 Tradewind Drive Fort Worth, TX 4
    • 4 beds 3 baths ∙ 2,703 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,703 Sqft ∙ Built 2008
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.78
    •  
PROPERTY LISTING DETAILS
Joel Allen
All City Real Estate, Ltd. Co.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14492465
Last Updated: 12/31/2020
BESbswy