7415 Kingswood Dr · Fort Worth, TX 76133

$149,999

2 bd · 1.0 ba · 1,104 sqft · Townhouse public records · 16 Days on market

Built 1983 2,352 sqft lot $136/sqft · 13% below area Est $173k · 13% under $238/mo HOA · 15% of rent

---

Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.5/15.0
• Cash flow +9.1/30.0
• 1% rule +5.6/10.0
• Livability +4.0/5.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

This end-unit 2 story townhome offers 2 bedrooms, 1 full bath, and 1 half bath. The living area includes a wood-burning fireplace and connects to the private backyard with fencing. Covered carport parking is located at the rear of the home. Additional features include central heating and air conditioning, city water, and city sewer services.

Key facts

• Central heating
• Air conditioning
• Private backyard

Tags

• WOOD BURNING FIREPLACE
• PRIVATE BACKYARD
• COVERED CARPORT PARKING
• CENTRAL HEATING
• AIR CONDITIONING
• CITY WATER

Property features AI

Finance

• Other: Subdivision: Candleridge Add; Directions: From Hwy 121 S, merge onto I-35 W, exit 51 onto I-30 W, exit Altamesa, left on Altamesa, right on Trail Lake, left on Kingswood.
• Financial info: Listing accepts Cash, Conventional, FHA, VA loan, and owner carry options
• HOA & community: Mandatory association with monthly fee; Association fee covers grounds maintenance and management; Managed by Goodwin & Company

Exterior

• Parking: Covered carport (1 covered space / 1 carport space)
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Residential townhouse; Attached property; Two stories; Built in 1983
• Construction: Brick construction; Asphalt roof; 2 total stories
• Exterior features: Private wood backyard fence

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven
• Bedrooms: Primary bedroom (upstairs) — approx. 12 x 10; Second bedroom (upstairs) — approx. 13 x 11
• Flooring: Ceramic tile; Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Cable TV available; High-speed internet available; Single living area; Dining area
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $-116 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $130k (13.6% below list).
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $130k (13.6% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 3.9% in Fort Worth — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
• Fort Worth ISD (urban): math 18% / reading 28% proficiency, ranked #742 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hazel Harvey Peace El (math 12% / reading 27%, grade F, #3,583 of 4,322 statewide, top 86%, 410 students, 90% FRL) — zoned schools average 90% FRL vs 73% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.2%/yr); 217 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $129,547 (13.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 5.37%
• Cash-on-cash: -3.31%
• DSCR: 0.85
• GRM: 7.8

CMA / ARV

• ARV (median comp): $173,024
• List price: $149,999
• Delta: -16.77%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7306 Kingswood Cir	0.04mi	2/1.5	1,104 (0%)	7mo	$159,000	$144	90
7322 Kingswood Cir	0.04mi	2/1.5	1,104 (0%)	14mo	$180,000	$163	84
7310 Kingswood Cir	0.04mi	2/1.5	1,104 (0%)	16mo	$165,000	$149	83
7337 Kingswood Cir	0.06mi	2/1.5	1,104 (0%)	16mo	$180,000	$163	82
7316 Kingswood Cir	0.04mi	2/2.5	1,104 (0%)	24mo	$199,999	$181	72
7582 Kings Trl	0.13mi	2/1.5	1,256 (+14%)	6mo	$200,000	$159	64
5021 Mountain Spring Trl	0.20mi	2/2.0	1,194 (+8%)	12mo	$219,900	$184	64
5005 Mountain Spring Trl	0.16mi	2/2.0	1,198 (+8%)	14mo	$215,000	$179	63
7518 Kings Trl	0.07mi	2/2.5	1,256 (+14%)	13mo	$225,000	$179	57

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -26.3%
• Equity multiple: 0.14×
• Total profit: $-36,118
• Equity at exit: $22,365

10-year hold

• IRR: -46.4%
• Equity multiple: -0.38×
• Total profit: $-58,050
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76133

• Rents YoY: -0.2%
• Active inventory: 217
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,593 high
• Mortgage (P&I): −$787
• Tax from tax record: −$287 /mo · $3,449/yr
• Insurance: −$62
• HOA: −$238
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $-116

Break-even live

Break-even rent $1,740

Max offer price $129,547

Occupancy floor —

Sensitivity live

Price	-10% $-31	-5% $-73	+0% $-116	+5% $-158	+10% $-201
Rent	-10% $-242	-5% $-179	+0% $-116	+5% $-53	+10% $10
Rate	-1.0pp $-40	-0.5pp $-78	base $-116	+0.5pp $-155	+1.0pp $-194

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7403 Kingswood Cir Fort Worth, TX	2.0	1.5	1104	$1,450	$1.31	8d	1	0.03mi
7401 Kingswood Cir Fort Worth, TX	2.0	1.0	1104	$1,450	$1.31	8d	1	0.03mi
7334 Kingswood Cir Fort Worth, TX	2.0	1.5	1104	$1,345	$1.22	19d	1	0.03mi
7326 Kingswood Cir Fort Worth, TX	2.0	1.5	1104	$1,425	$1.29	26d	1	0.04mi
7337 Kingswood Cir Fort Worth, TX	2.0	1.5	1104	$1,800	$1.63	45d	1	0.06mi
7501 Kingswood Dr Fort Worth, TX	1.0–2.0	1.0–2.0	815	$1,415	$1.74	0d	5	0.10mi
7149 Trail Lake Dr Fort Worth, TX	2.0–3.0	2.0	1061	$1,565	$1.48	0d	8	0.11mi
7245 Irish Valley Trl Unit 7245 Fort Worth, TX	2.0	1.5	1050	$1,600	$1.52	45d	1	0.16mi
5210 Mountain Spring Trl Fort Worth, TX	2.0	2.0	1450	$1,900	$1.31	3d	1	0.21mi
5039 Mountain Spring Trl Fort Worth, TX	2.0	1.5	1024	$1,500	$1.46	26d	1	0.24mi
7305 Redfield Dr Fort Worth, TX	2.0	1.0	1192	$1,500	$1.26	6d	1	0.30mi
7223 Fuller Cir Fort Worth, TX	3.0	2.0	1451	$1,900	$1.31	16d	1	0.37mi
4849 Madyson Ridge Dr Fort Worth, TX	3.0	2.0	1390	$2,000	$1.44	45d	1	0.58mi
5312 Hastings Dr Fort Worth, TX	2.0	1.0	1067	$1,295	$1.21	8d	1	0.66mi
6754 Trail Lake Dr Unit B Fort Worth, TX	2.0	2.0	1064	$1,550	$1.46	45d	1	0.69mi
4633 Sycamore School Rd Unit 4690 Fort Worth, TX	2.0	2.0	814	$1,264	$1.55	45d	1	0.69mi
4633 Sycamore School Rd Unit 4670 Fort Worth, TX	2.0	2.0	1134	$1,463	$1.29	0d	1	0.69mi
4633 Sycamore School Rd Fort Worth, TX	2.0	2.0	1134	$1,489	$1.31	14d	1	0.69mi
6629 S Hulen St Fort Worth, TX	1.0–2.0	1.0–2.0	867	$1,099	$1.27	5d	1	0.70mi
6629 S Hulen St Fort Worth, TX	1.0–2.0	1.0–2.0	867	$1,299	$1.50	3d	1	0.70mi
6625 S Hulen St Fort Worth, TX	2.0	2.0	1012	$1,299	$1.28	5d	1	0.70mi
6625 S Hulen St Fort Worth, TX	1.0–3.0	1.0–3.0	1066	$1,299	$1.22	26d	4	0.70mi
5553 Lockhart Ln Fort Worth, TX	2.0	2.0	960	$1,958	$2.04	45d	1	0.71mi
4509 Altamesa Blvd Unit 4511 Fort Worth, TX	2.0	2.5	1435	$1,679	$1.17	45d	1	0.73mi
5344 Sycamore School Rd Fort Worth, TX	3.0	1.0–2.5	1041	$1,923	$1.85	0d	14	0.78mi
5609 Wild Acres Fort Worth, TX	2.0	2.0	960	$1,958	$2.04	45d	1	0.78mi
5669 Altamesa Blvd Fort Worth, TX	1.0–3.0	1.0–2.0	936	$1,920	$2.05	0d	20	0.81mi
5637 Wild Acrs Fort Worth, TX	3.0	2.0	1236	$1,988	$1.61	45d	1	0.81mi
6850 Granbury Rd Unit 5203 Fort Worth, TX	2.0	2.0	1107	$1,709	$1.54	18d	1	0.86mi
6850 Granbury Rd Unit 6883 Fort Worth, TX	3.0	2.0	1296	$1,719	$1.33	0d	1	0.86mi
6850 Granbury Rd Unit 15104 Fort Worth, TX	1.0	1.0	702	$1,180	$1.68	20d	1	0.86mi
6850 Granbury Rd Unit 6309 Fort Worth, TX	2.0	2.0	1161	$1,760	$1.52	14d	1	0.86mi
6850 Granbury Rd Unit 6887 Fort Worth, TX	2.0	2.0	1107	$1,683	$1.52	0d	1	0.86mi
6850 Granbury Rd Unit 07305 Fort Worth, TX	1.0	1.0	700	$1,206	$1.72	45d	1	0.88mi
6850 Granbury Rd Fort Worth, TX	2.0	2.0	1161	$1,810	$1.56	14d	1	0.90mi
6850 Granbury Rd Fort Worth, TX	2.0	2.0	1161	$1,860	$1.60	45d	1	0.90mi
6850 Granbury Rd Fort Worth, TX	2.0	2.0	1161	$1,760	$1.52	4d	1	0.90mi
5400 Sycamore School Rd Fort Worth, TX	1.0–4.0	1.0–2.0	1125	$1,291	$1.15	45d	1	0.91mi
4376 Hulen Cir E Fort Worth, TX	2.0	2.0	1392	$1,550	$1.11	45d	1	1.02mi
4371 Hulen Cir E Unit 4371 Fort Worth, TX	2.0	2.0	1392	$1,575	$1.13	21d	1	1.05mi

HOA detail

• Monthly dues: $238 · $2,856/yr
• Likely covers: watersewer

Listing history 35 events

1. 2026-06-21
   days on market $149,999 Active 16 DOM
2. 2026-06-18
   days on market $149,999 Active 13 DOM
3. 2026-06-17
   days on market $149,999 Active 12 DOM
4. 2026-06-16
   days on market $149,999 Active 11 DOM
5. 2026-06-15
   days on market $149,999 Active 10 DOM
6. 2026-06-13
   days on market $149,999 Active 8 DOM
7. 2026-06-09
   days on market $149,999 Active 4 DOM
8. 2026-06-08
   days on market $149,999 Active 3 DOM
9. 2026-06-07
   pricestatusdays on marketlisting id $149,999 Active 2 DOM
10. 2026-05-05
    historical
11. 2026-03-14
    price $144,000
12. 2026-03-14
    status Active
13. 2026-03-13
    historical
14. 2026-01-12
    listed $145,000 Active
15. 2026-01-02
    historical
16. 2025-11-25
    listed $150,000 Active
17. 2025-11-21
    historical
18. 2025-10-16
    price $150,000
19. 2025-10-07
    price $155,000
20. 2025-09-24
    price $160,000
21. 2025-09-20
    status Active
22. 2025-09-04
    status Pending
23. 2025-08-27
    historical Active Option Contract
24. 2025-08-20
    listed $165,000 Active
25. 2024-09-18
    historical
26. 2024-07-13
    price $180,000
27. 2024-06-22
    price $185,000
28. 2024-06-05
    price $190,000
29. 2024-05-21
    listed $195,000 Active
30. 2022-02-18
    soldstatus
31. 2008-07-01
    soldstatus
32. 2008-06-30
    soldstatus
33. 2008-06-10
    historical
34. 2008-03-23
    listed $87,000
35. 1997-06-25
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $3,449 · $287/mo
• Projected year-2 tax: $3,449 · $287/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,120
• − Mortgage interest: −$8,402
• − Property taxes: −$3,449
• − Insurance: −$750
• − Repairs & maintenance: −$1,530
• − Management: −$1,530
• − HOA: −$2,856
• − Depreciation: −$4,364
• Taxable loss: −$3,760
• Est. tax savings @ 24.0%: +$902
• After-tax cash flow: $-487/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Fort Worth ISD
• NCES district ID: 4819700
• Math proficiency: 18% ▼ -16.00%
• Reading proficiency: 28% ▼ -6.00%
• Median HH income: $42,109
• Composite: 19.61/100
• National rank: #8753
• State rank: #742 of 826 in TX

Livability — Fort Worth

• Score: 80/100
• State rank: #49
• US rank: #1954

Category grades

Amenities A+ Commute A Cost of living A+ Crime F Employment B- Housing A+ Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Worth, TX
• County: Tarrant County · 2,033,669 people
• City population: 911,619
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 53,958
• Household income: $75,523
• Rent vs Own: 37.9% rent · 62.1% own
• Severe rent burden: 2000.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Hispanic / Latino 39% White 34% Black 21% Two or more races 19% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 34%
• Common ancestry: Italian 3% Slovak 2% Lithuanian 1%
• Foreign-born: 15% · Canada, China, Philippines
• Languages at home: 70% English-only · Spanish 25% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -196.95%
• Current HPI: 293.8679
• Rent YoY: ▼ -0.20%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+72.4% since first listed

27 events — show timeline

• 2026-06-02 Listed $149,999 NTREIS
• 2026-05-05 Listing Removed — NTREIS
• 2026-03-14 Price Changed $144,000 NTREIS
• 2026-03-14 Relisted — NTREIS
• 2026-03-13 Listing Removed — NTREIS
• 2026-01-12 Listed $145,000 NTREIS
• 2026-01-02 Listing Removed — NTREIS
• 2025-11-25 Listed $150,000 NTREIS
• 2025-11-21 Listing Removed — NTREIS
• 2025-10-16 Price Changed $150,000 NTREIS
• 2025-10-07 Price Changed $155,000 NTREIS
• 2025-09-24 Price Changed $160,000 NTREIS
• 2025-09-20 Relisted — NTREIS
• 2025-09-04 Pending — NTREIS
• 2025-08-27 Contingent — NTREIS
• 2025-08-20 Listed $165,000 NTREIS
• 2024-09-18 Listing Removed — NTREIS
• 2024-07-13 Price Changed $180,000 NTREIS
• 2024-06-22 Price Changed $185,000 NTREIS
• 2024-06-05 Price Changed $190,000 NTREIS
• 2024-05-21 Listed $195,000 NTREIS
• 2022-02-18 Sold (Public Records) — Public Records
• 2008-07-01 Sold (Public Records) — Public Records
• 2008-06-30 Sold (MLS) — NTREIS
• 2008-06-10 Listing Removed — NTREIS
• 2008-03-23 Listed $87,000 NTREIS
• 1997-06-25 Sold (Public Records) — Public Records

Property tax history

+3.2%/yr

Latest (2025): $3,449 · -2.4% YoY. Source: county tax records.