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$288,000

NAL Estimated Property Value

1625 Carolina Ridge Way, Fort Worth, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.66 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size5,663 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR267472
Lot Number32
SubdivisionHarriet Creek Ranch Ph 3
Land UseResidential
Legal DescriptionHARRIET CREEK RANCH PH 3 BLK 3 LOT 32
Census Tract020319
Assessed Land Value$60,877
Assessed Improvement Value$223,642
Assessment Year2025

About this property

Looking for a fabulous house, with thoughtful updates, spacious rooms, nicely-sized lot in a great community with an affordable price? Look no further! This move-in ready beauty features 3 spacious bedrooms, 2.1 baths and just under 2200 square feet. Downstairs living areas boasts gorgeous wood laminate flooring and wonderful open layout, perfect for entertaining. Large kitchen is sunny and delightful and accented by black and stainless steel appliances, and cabinetry galore! Upstairs living area would make a great game room, and the new owner will fall in love with the size of the master bedroom. Jumbo, pool-sized backyard is enclosed with a newly installed wood fence, with a fresh coat of stain.

Investor Tools

Property Icon
$288,000
Estimated Property Value
$224,090Estimated Mortgage Balance
$63,910Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$78/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,852
$284,519
2025
$60,877
$223,642
$284,519
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,852
$284,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Fha
$220,085
Yes
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,090
$63,910
22%
78%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,562/mo
+$828/mo
10.0%

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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1625 Carolina Ridge Way | Property Details | No Agent List