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B+
NoAgentList RatingHow are grades calculated? Info

$495,000

1331 6th Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.84 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,996 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN21887-1-25
Lot Number25
SubdivisionJohnson Subdivision
Land UseResidential
Legal DescriptionJOHNSON SUBDIVISION BLOCK 1 LOT 25
Census Tract123700
Assessed Land Value$110,000
Assessed Improvement Value$305,016
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! Best and Final due by Jun 9th at 9PM!! 1331 6th Ave sits just steps from the vibrant West Magnolia district in Fort Worth’s historic Fairmount neighborhood, with roots dating back to the 1800s. Unlike many homes in the area, this newer build offers more manageable upkeep while honoring the historical requirements of Fairmount. A standout feature is the detached garage with approximately 361 sqft of finished living space above, complete with a full bathroom that's well-suited for guests, a home office, or separate living quarters. The main home features an inviting front porch and a layout filled with natural light from energy-efficient double-pane windows. The kitchen offers ample cabinetry, black granite countertops, a five-burner gas range with skillet, and stainless steel appliances. Built-in storage is abundant throughout, and a gas log fireplace anchors the main living area. The primary suite is split from the secondary bedrooms and includes a jetted tub, separate shower, and a large walk-in closet. Outside, a wood fence encloses the flagstone patio to create a more private, low-maintenance space with room to enjoy without heavy upkeep. If you're searching for a newer home with historic charm and fantastic walkability to shops and restaurants, then your search ends here!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$113,150Estimated Mortgage Balance
$352,500Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,085
$415,016
2025
$110,000
$305,016
$415,016
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,085
$415,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Bank Fsb
Stand Alone Second / Subordinate Position
$17,500
No
First
Feb 24, 2006
Mar 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,500
$352,500
71%
29%
$1,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,639/mo
+$288/mo
4.7%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

Explore

Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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1331 6th Ave | Property Details | No Agent List