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$465,000

NAL Estimated Property Value

1805 Dakar Rd W, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.72 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size11,212 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN34420-47-8
Lot Number8
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 47 LOT 8
Census Tract123001
Assessed Land Value$110,000
Assessed Improvement Value$324,728
Assessment Year2025

About this property

Welcome to your dream home in the heart of Fort Worth! This charming 3-bedroom, 2-bathroom abode offers the perfect blend of comfort, style, and convenience. Situated on a large lot with meticulously maintained landscaping. Inside discover a thoughtfully updated interior featuring warm wood floors that flow seamlessly throughout the living spaces. The heart of the home is the beautifully renovated kitchen, boasting modern appliances, sleek countertops, making meal preparation a delight. Three generously sized bedrooms, plenty of room for family, guests, or even a home office. Bathrooms have been tastefully updated to offer contemporary fixtures and finishes. One of the highlights of this property is the expansive back patio, ideal for hosting BBQs, or simply unwinding while taking in the picturesque surroundings. The large front porch provides a charming spot to sip your morning coffee or greet neighbors passing by.

Investor Tools

Property Icon
$465,000
Estimated Property Value
$278,061Estimated Mortgage Balance
$186,939Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,007/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,755
$434,728
2025
$110,000
$324,728
$434,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,755
$434,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$287,500
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,061
$186,939
40%
60%
$1,724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,724/mo
+$203/mo
5.0%

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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1805 Dakar Rd W | Property Details | No Agent List