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Fort Worth 76244 Heritage
3517 Burts Drive
$296,800
● House - Off Market

3517 Burts Drive

Fort Worth, TX 76244
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,890 Ft²
$460,593
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

This will be the last price drop. YES it does back up to Heritage Trace but sellers have never been bothered by noise or traffic, great backyard extended patio!   Home is walking distance to Heritage waterparks, the clubhouse, trails, parks, tennis, Bette Perot elementary and much more! 5 bedrooms, 2 master suites or a mother in law suite upstairs. Only need 4 bedrooms...use the 2nd master for a game room or media room with a full bath! Open living concept downstairs, plenty of space for cooking and entertaining. 4 additional bedrooms downstairs and a dining room next to the kitchen with granite and upgraded cabinets!
Unit Size
2,890 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$109
Property Type
House
Property Taxes
$812
HOA Dues
$17
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14175419)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Aug 31, 2019 Listed by Christie's Int'l ULTERRE $314,900
Listed by Christie's Int'l ULTERRE

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,147
  • Total Building Area: 2,890
  • Gross Building Area: 2,890
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE ADDITION-FORT WORTH
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: HERITAGE ADDITION-FORT WORTH BLOCK 21 LOT 3

Neighborhood

  • School District Name: Keller Independent School District
  • School Tax School District: KELLER
  • Census Tract: 113936

Geography

  • Assessors Map Reference: 21-Z
  • Account Number: 07993676
  • District: 026
  • Parcel: 07993676
  • Block: 21
  • Lot: 3
  • Municipality: FORT WORTH
  • Latitude: 32.9131
  • Longitude: -97.3054

    Address

  • Full Address: 3517 Burts Dr
  • Address - House Number: 3517
  • Address - Street Name: Burts
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Fort Worth
  • Carrier Code: R024
  • 4-Digit Zip Code: 7600
  • Zip Code: 76244

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: I07

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 453,808
  • High Value: 546,905
  • Low Value: 360,712

    Market Valuation

  • Market Total Value: $464,441
  • Market Land Value: $100,000
  • Market Improvement Value: $364,441

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,441
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $364,441

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D220001039
  • Previous Sale Recording Date: Jun 06, 2011
  • Previous Sale Contract Date: Jun 02, 2011
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Heritage

Stats & Trends

Median Asking:

$456,450

Sale Price/ft²

$174

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2882 ft²

Average Home Age

21.3 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9120 Rose Court, Fort Worth, TX, 76244

$2,995 /mo

  • 4 Beds
  • 3 Baths
  • 2,504 ft²
9120 Rose Court, Fort Worth, TX, 76244 Listing by Julie Olmstead
Unit for rent at 4844 Jodi Drive, Fort Worth, TX, 76244

$3,250 /mo

  • 4 Beds
  • 2 Baths
  • 2,687 ft²
4844 Jodi Drive, Fort Worth, TX, 76244 Listing by Beshoy Iskander

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Heather Berreth, Christie's Int'l ULTERRE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14175419
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3517 Burts Drive built and last sold?
The property at 3517 Burts Drive was built in 2004 and last sold on Dec 13, 2019 for $290,600.
How much is this home worth?
The estimated value of the home located at 3517 Burts Drive is $318,049.
What are some comparable homes to 3517 Burts Drive?
There are currently no comparable homes to 3517 Burts Drive.
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