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5240 Banks Rd, Fort Worth, TX, 76140

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,860 SqFt
$282/SqFt
House

Location

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5240 Banks Rd, Fort Worth$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingRV Access/Parking, Garage Faces Side, Storage
Attached Garage2 spaces
Year Built1991
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceGas Starter, Stone, Wood Burning
MLS #20742762
Lot Size1.00 Acres
StatusActive

About 5240 Banks Rd

Nestled on a peaceful 1-acre lot surrounded by mature trees, this beautifully updated 3-bedroom, 2-bathroom home is the perfect blend of comfort and outdoor living. With fresh paint, new tile in the bathrooms, and plush new carpet in the bedrooms, this home is move-in ready and full of modern touches. The spacious kitchen has sleek granite countertops, ideal for cooking or entertaining. Step outside to your own personal oasis—enjoy the sparkling pool and spa, or relax on the expansive wood deck that’s perfect for gatherings or soaking up the tranquility of nature. With no HOA, you have the freedom to make this space truly your own. The interior features easy-to-maintain laminate and tile flooring throughout the main living areas. Whether you’re unwinding indoors or taking in the serene outdoors, this home is a rare gem that combines modern updates with peaceful country living. Don’t miss out on this exceptional property!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1991
  • Living Area: 1,860 SqFt

Listing Office:

  • Office Name: HH Realty
  • Office Phone: (469) 321-3468
  • Listing Agent: Eric Herron, Michelle Herron

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Fireplace: Gas Starter, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: RV Access/Parking, Garage Faces Side, Storage

Virtual/3D Tour

  • Virtual Tour: 5240 Banks Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Interior Lot, Lawn, Landscaped, Many Trees
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: GPS is accurate

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $282/SqFt

Tax Information:

  • Annual Amount: $4,118
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Worth, TX.

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Fort Worth, TX

City

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

61

# of Sold Homes

761

5240 Banks Rd vs Fort Worth

36 DAYS ON ROCKET

-25 Days

$525,000

+$195K More

$282/SqFt

+$89 More

KEY TAKEAWAY

This property is $195K more than the Median Sold Price and $89/SqFt more than other homes in Fort Worth, TX.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20742762

Listing Office:

  • Office Name: HH Realty
  • Office Phone: (469) 321-3468
  • Listing Agent: Eric Herron, Michelle Herron

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 17, 2011Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,118$325,750
2019$4,625$234,256
2017$4,261$193,600

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-567374
4
/10

  • Townley Elementary School

  • 2200 McPherson Rd

  • 1.97 miles

  • Public District Grades PK-4

school-card-donut-567375
6
/10

  • Souder Elementary School

  • 201 N Forest Hill Dr

  • 2.09 miles

  • Public District Grades PK-4

school-card-donut-567376
3
/10

  • Uplift Ascend

  • 4713 E Lancaster Ave

  • 2.28 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,722. Typical income of Fort Worth, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Fort Worth, TX

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Fort Worth, TX.

Fort Worth's housing market showcases a diverse array of options, with single-family homes being particularly prevalent. Architectural styles range from classic ranch designs to contemporary new builds, reflecting the city's blend of traditional charm and modern growth. The housing stock is varied, with a significant portion of homes constructed in the latter half of the 20th century, complemented by a surge in new developments to accommodate the growing population. The homeownership rate in Fort Worth is robust, with a significant majority of residents owning their homes, while a sizable minority opts for the flexibility of renting.

What is it like to live in Fort Worth, TX?

Fort Worth prides itself on its rich cultural heritage and vibrant community spirit. The city is celebrated for its annual events like the Fort Worth Stock Show & Rodeo, which encapsulates its deep-rooted cowboy culture. The community's character is further defined by its commitment to the arts, with numerous galleries and performance venues that contribute to a lively and dynamic atmosphere.

Is it easy to get around Fort Worth, TX without a car?

The city is well-equipped with essential services, including a comprehensive educational system that encompasses a wide range of public and private schools, catering to the educational needs of its diverse population. Healthcare facilities are abundant, with several major hospitals offering a full spectrum of services from emergency care to specialized treatments. Fort Worth's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining experiences are plentiful, with options that reflect the local Texan culture and cuisine.

Transportation in Fort Worth, TX.

Fort Worth's transportation infrastructure is designed to support both private and public transit needs. The city features an extensive network of roads and highways, facilitating easy travel and commuting. Public transportation options include buses with regular schedules, and the city is also served by ride-sharing services, enhancing mobility for residents and visitors alike. Certain areas of Fort Worth are known for their walkability, particularly in the downtown district, while other parts of the city are more car-dependent.

Frequently Asked Questions About 5240 Banks Rd

What is the listing price of this property?

The listing price of 5240 Banks Rd property is $525,000.

What type of property is this?

The property 5240 Banks Rd is a house located in Fort Worth, Texas, 76140.

Is this property for sale now?

Active Listing: 5240 Banks Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,118 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 17, 2011 for $67,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5240 Banks Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5240 Banks Rd is 1,860 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5240 Banks Rd is 1991.

Rocket Homes›Texas›Tarrant County›Fort Worth›76140›5240 Banks Rd

This home is located at 5240 Banks Rd in Fort Worth, TX and zip code 76140. This 1,860 square foot home, which was built in 1991, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $525,000.

Over 0 listings were sold over their listed price in October 2024 in Fort Worth, TX. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Fort Worth, TX between September 2024 and October 2024 increased by 7%. Listings spent 61 days on the market in October 2024, and had a median list price of $329,999 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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