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$559,000

NAL Estimated Property Value

1905 Dakar Rd W, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.7 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater

Exterior

Lot Size10,999 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN34420-47-4
Lot Number4
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 47 LOT 4
Census Tract123001
Assessed Land Value$110,000
Assessed Improvement Value$356,858
Assessment Year2025

About this property

Step into this beautifully updated 4-bedroom, 3-full-bath home offering a thoughtful layout and modern upgrades throughout. The home features two spacious living areas, including a cozy family room with a fireplace; perfect for relaxing evenings or entertaining guests. The recently updated modern kitchen showcases stylish finishes and flows seamlessly into the main living spaces, while the hall bathroom has also been tastefully renovated. Two bedrooms feature private en suite bathrooms, providing flexibility and comfort for guests, multi-generational living, or a private primary retreat. Major improvements provide both efficiency and peace of mind, including a brand-new roof, newer windows, newer ductwork, a high-efficiency HVAC system, extra insulation, and two tankless water heaters. Engineered wood flooring adds warmth and durability throughout one living area, the kitchen, and hallways. Outside, an added circular driveway enhances curb appeal and offers additional convenience and parking. This move-in ready home combines modern updates, functional living space, and energy-efficient features in a layout designed for everyday living.

Investor Tools

Property Icon
$559,000
Estimated Property Value
$226,297Estimated Mortgage Balance
$332,703Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /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
$7,820
$466,858
2025
$110,000
$356,858
$466,858
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,820
$466,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$261,800
No
First
Sep 23, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,297
$338,703
59%
40%
$1,570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,570/mo
+$815/mo
5.1%

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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1905 Dakar Rd W | Property Details | No Agent List