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$115,000

1344 Castle Ridge Rd, Fort Worth, TX, 76140

$119,353 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.65 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Vented Exhaust Fan, Other

Exterior

Lot Size5,663 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN22726-9-9
Lot Number9
SubdivisionKingspoint
Land UseResidential
Legal DescriptionKINGSPOINT BLOCK 9 LOT 9
Census Tract106004
Assessed Land Value$33,978
Assessed Improvement Value$132,022
Assessment Year2025

About this property

Priced to sell. Plenty of potential. This single-story home offers a functional layout with two bedrooms, a full bath, spacious living area and attached two-car garage. The property is being sold in its current condition and is ready for someone to bring it back to life. Updates and repairs are needed throughout with several deferred-maintenance items, making this a strong opportunity for an investor, flipper, live and flip or buyer looking for a value-add project.

Investor Tools

$53,905Estimated Mortgage Balance
$206,095Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$119,353
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Edward Mcclintick

Joseph Walter Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$414
$166,000
2025
$33,978
$132,022
$166,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$414
$166,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$99,206
Yes
First
Sep 15, 2006
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,905
$206,095
79%
21%
$647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$827/mo
+$683/mo
7.0%

Learn About the Market: Opportunity in Fort Worth

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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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1344 Castle Ridge Rd | Property Details | No Agent List