Off Market

7221 Martha Ln,

Fort Worth, TX 76112
  • 4 Beds
  • 2,030 sqft
Estimated Value*

Est. Value* : $193,100

  • 4 Beds
  • 2,030 sqft
Get Financing
Property Type
Single Family Home
Year Built
1971

Description

7221 Martha Ln is a single family home in Fort Worth, TX. This home was built in 1971 and includes four bedrooms, two bathrooms, and 2,030 square feet of living space. Additional features include a parking garage, central heating system, and central cooling system. Today, the estimated home value is around $193,100. Frequently asked questions about 7221 Martha Ln and the surrounding community.

  • How is the neighborhood? 7221 Martha Ln is located in a community that is home to 42,081 residents, which has increased by 18.8% since 2000. 61.7% of the residents are families with children. The largest age group is between 45 to 54 (14.45%), while the second-largest age group is between 25 to 34 (14.25%).
  • What is the cost of living? The average family living near 7221 Martha Ln has a median household income of $42,897 and spends about $38,753 annually.
  • What is the crime rate? The neighborhood surrounding 7221 Martha Ln is relatively unsafe since the personal crime risk (including both violent and non-violent crimes) is 21.5%, which is higher than the state average of 10%. Property crime risk is 18.1%, which is higher than the state average of 11%.
  • How are the schools? The average SAT score for this area is about 867 (457 for Math and 410 for English), which is lower than the state average SAT score of 956.
  • How’s the job market? About 57.1% of the residents near 7221 Martha Ln have white-collar jobs, while the remaining 42.9% have blue-collar jobs. The unemployment rate is about 4.6%, which is higher than the state unemployment rate of 4.5%.
  • What is the weather like year-round? The average temperature for 7221 Martha Ln is about 40.8 degrees in January and 82.9 degrees in July. The average rainfall is around 21.1 inches per year. The average snowfall is around 2.1 inches per year.
  • Is there a risk of a natural disaster? 7221 Martha Ln resides in an area with low flood risk, high tornado risk, and low earthquake risk.

Property Details

Property Info

Property Type
Single Family Home
Beds
4
Total Baths
2
Square Footage
2,030
Year Built
1971
Latitude
32.75
Longitude
-97.2
Cooling
CENTRAL

Tax History

YearTaxesLandImprovementsAssessment
2017 $3,418 $0 $0 $122,750
2015 $2,954 $0 $0 $103,000
2014 $3,017 $0 $0 $103,000
2013 $3,016 $0 $0 $106,300

Local Info

Population
42,081
Median Family Income
$42,897
Graduate Degree Percentile
7.2%
Median Homeowner Age
33.2
Households with Children
61.7%
Unemployment Rate
4.6%

Natural Disaster Risk

Risk Type Natural Disaster Level of Risk Description
Earthquake Risk Earthquake Low Risk Earthquake Risk Grade: A
Tornado Risk Tornado High Risk Tornado Risk DPI: 9.99
Flood Risk Flood Low Risk This property is located in a minimal flood risk area, falling outside of the 1% and 0.2% annual chance of flooding. A flood event is still possible due to severe rainfall and inadequate local drainage. Flood insurance is recommended but not required by federal regulation.

* The Estimated Value of Off Market homes that is used on the HomeFinder website is provided by a 3rd party vendor, ATTOM Data Solutions (www.attomdata.com) according to ATTOM's estimated market value for a home, computed using their proprietary formula. It is a starting point in determining a home’s value and is not an official appraisal. Estimated Value is intended to help you determine an independent and unbiased assessment of what your home might be worth in today’s market. Comparing your home to recently sold properties can also help you understand what your home is worth. Additionally, your real estate agent or appraiser will physically inspect the home and take into account special features, location and market conditions.

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