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$583,000

1408 Aden Road, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.43 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size13,891 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN34420-35-12
Lot Number12
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 35 LOT 12
Census Tract123001
Assessed Land Value$110,000
Assessed Improvement Value$352,000
Assessment Year2025

About this property

This is a Ridgmar gem! Located across from park, it has curb appeal, character, modern updates & room for so many memories to be made. Upon entering the bright foyer, the living room is open & has tons of flexibility as to how it is set up. An additional room can be formal dining or study & a newly updated sunroom with french doors leads to the ridiculously wonderful back yard. A pergola, large grass area, patio, privacy, room for a pool & new fence are just some of the features you need to see! The bedrooms are generously sized & all baths were updated in Feb. 2019. Speaking of updates, the kitchen has brand new SS appliances! A sun filled breakfast nook, separate laundry and half bath complete the home!

Investor Tools

Property Icon
$583,000
Estimated Property Value
$0Estimated Mortgage Balance
$307,026Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,328
$462,000
2025
$110,000
$352,000
$462,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$8,328
$462,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$310,000
No
First
Sep 11, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,974
$307,026
52%
47%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,859/mo
+$68/mo
4.0%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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1408 Aden Road | Property Details | No Agent List