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General Description
minimizeMove in ready home on 5.24 acres of peaceful flat land. 2 bedrooms, 1 bath, 2 living areas, dining room, laundry room, and front and back porches. This home is now vacant after having a long-term tenant at $800.00 monthly. The mobile home next to it currently has a 12 year renter on a month to month lease at $800 monthly. The owner occupying the home works as well while collecting rent on the other dwelling. The mobile home is on a non-realty addendum including its specs in supplements. This property is ideal for collecting $1,600 monthly in rental income while building a home or placing a mobile home on the remaining 4.75 acres. No excavation is needed, as this peaceful flat land is ready for your ideas. The heat and AC are provided by sufficient window units. The refrigerator and stove come with the house.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $266.26 | $388,738 | 52.20% | $388,738 | 52.20% |
| 2022 | $174.94 | $255,408 | 33.72% | $255,408 | 33.72% |
| 2021 | $130.82 | $191,000 | 0.00% | $191,000 | 0.00% |
| 2020 | $130.82 | $191,000 | 0.00% | $191,000 | 0.00% |
| 2019 | $130.82 | $191,000 | -15.49% | $191,000 | -15.49% |
| 2018 | $154.79 | $226,000 | 44.15% | $226,000 | 44.15% |
| 2017 | $107.38 | $156,779 | 20.60% | $156,779 | 20.60% |
| 2016 | $89.04 | $130,000 | 0.00% | $130,000 | 0.00% |
| 2015 | $89.04 | $130,000 | 0.00% | $130,000 | 0.00% |
| 2014 | $89.04 | $130,000 | 0.00% | $130,000 | 0.00% |
| 2013 | $89.04 | $130,000 | -3.06% | $130,000 | -3.06% |
| 2012 | $91.85 | $134,100 | $134,100 |
2023 Tarrant County Appraisal District Tax Value
| Market Land Value: | $198,450 |
| Market Improvement Value: | $190,288 |
| Total Market Value: | $388,738 |
2023 Tax Rates
| TARRANT COUNTY: | 0.1945 % |
| ISD - EVERMAN: | 1.0942 % |
| TARRANT COUNTY HOSP DIST: | 0.1945 % |
| TARRANT COUNTY COLLEGE DIST: | 0.1122 % |
| TC EMERGENCY SERVICES DIST: | 0.0733 % |
| Total Tax Rate: | 1.6687 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,528 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 541 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
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Property Map
minimize5255 Banks Rd Fort Worth TX 76140 was recently sold. It is a 5.24 Acre(s) Lot, 1,460 SQFT, 2 Beds, 1 Full Bath(s) in none.
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