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$224,000

NAL Estimated Property Value

2301 Ridgmar Plaza 18, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,755 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$90.6 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1962

Land Information

APN21029C---A---18
Lot Number18
SubdivisionImperial Terrace Condominium
Land UseResidential
Legal DescriptionIMPERIAL TERRACE CONDOMINIUM BLOCK A LOT 18 & .03516 OF COMMON AREA
Census Tract123002
Assessed Land Value$30,000
Assessed Improvement Value$158,479
Assessment Year2024

About this property

SEARCH YOUTUBE FOR HD VIDEO! W&D and Fridge CAN REMAIN! Updated condo w-light & bright floorplan overlooking pool & waterfall! BRAND NEW HVAC 7-2019! UPDATED GOURMET KITCHEN w-Skylight, Granite, Updated Appl's & tons of cabinetry! Large Mstr Suite boasts Walk-In Closet! Spa-inspired Mstr Bath has been updated w-Gorgeous OVERSIZED SHOWER! Newer Carpet! UPDATED CEILING FANS & HARDWARE! Secondary Bedroom features large walk-in closet & PRIVATE BALCONY! 2nd Floor Lvg Room Overlooks the Heavily Treed Pool Area! LARGE Shaded Balcony! GATED ENTRANCE w-2 COVERED PARKING SPACES (#26)! Secure building entrance! Quick Hwy Access! THIS IS THE LARGEST UNIT IN THE COMPLEX. Complex is not FHA approved for FHA buyers, sorry.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$0Estimated Mortgage Balance
$224,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
$597/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,129
$188,479
2024
$30,000
$158,479
$188,479
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,129
$188,479

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$597/mo
+$859/mo
7.8%

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.

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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2301 Ridgmar Plaza 18 | Property Details | No Agent List