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Owner Contacts

$517,000

NAL Estimated Property Value

1608 Saxony Rd, Fort Worth, TX, 76116

Off Market

3 Beds

2 Bath

1,820 Sq Ft

$302.2 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard

Lot Size13,342 sqft

Building Information

Year Built1959

Stories1

Garage Spaces2

Land Information

APN34420-23-13

Lot Number13

SubdivisionRidgmar Addition

Land UseResidential

Legal DescriptionRIDGMAR ADDITION BLOCK 23 LOT 13

Census Tract123001

Assessed Land Value$110,000

Assessed Improvement Value$316,596

Assessment Year2025

About this property

Discover the charm of 1608 Saxony Road! Steps from Leonard Park, this single-level Ridgmar home has been thoughtfully renovated with high-quality upgrades and stylish finishes. Recently redesigned open floor plan seamlessly blends the spacious family room with the dream kitchen creating the perfect home for entertaining family & friends! Fully renovated kitchen has custom cabinetry, newer SS appliances; including wine refrigerator, double ovens and new cooktop. The lux primary bath boasts a walk-in shower and double vanities. Other exceptional upgrades include tankless water heater, plantation shutters + wood floors throughout, impeccably renovated garage with new garage door, new drainage system, recessed lighting, and lifetime foundation warranty. Step outside to a large backyard with open patio and screened porch, ideal for year-round enjoyment. This is the perfect home for empty nesters or families! REQUEST FEATURES LIST. Buyer to verify all information.

Investor Tools

$517,000

Estimated Property Value

$407,437Estimated Mortgage Balance

$109,563Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,300 /month

Positive

Cash Flow Estimate:

$1,100 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$885/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,037

$426,596

2025

$110,000

$316,596

$426,596

Tax History

Year

Tax Paid

Assessed Value

2024

$8,037

$426,596

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$424,000

First

Mar 21, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$407,437

$109,563

21%

79%

$2,543/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$2,543/mo

$-616/mo

4.5%

Learn About the Market: Opportunity in Fort Worth

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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.

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