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$513,000

NAL Estimated Property Value

1513 Ems Rd W, Fort Worth, TX, 76116

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Concrete, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size14,105 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN34420-35-22
Lot Number22
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 35 LOT 22
Census Tract123001
Assessed Land Value$110,000
Assessed Improvement Value$255,358
Assessment Year2025

About this property

Fabulous, raised ranch style home offering nice neighborhood views and many great updates. The home features 4 bedrooms on the main level and a 5th bonus room with bathroom on the sub level that can serve as a fifth bedroom, office, mother in-law suite etc.. Refrigerator, washer and dryer are included as well as lawn care included in the advertised rent. Large fully fenced in backyard featuring a small deck and covered area. Located in the Ridgmar neighborhood of Fort Worth. Great location with easy access to all Fort Worth has to offer. Leonard Park is also a short walk away from the house.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$191,570Estimated Mortgage Balance
$321,430Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,368
$365,358
2025
$110,000
$255,358
$365,358
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,368
$365,358

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$239,920
No
First
Oct 11, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,570
$321,430
62%
37%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,439/mo
+$488/mo
4.5%

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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1513 Ems Rd W | Property Details | No Agent List