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$135,000

2303 Ridgmar Plaza 24, Fort Worth, TX, 76116

$143,919 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,406 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$96.02 / 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 Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1962
Garage Spaces1

Land Information

APN21029C---B---24
Lot Number24
SubdivisionImperial Terrace Condominium
Land UseResidential
Legal DescriptionIMPERIAL TERRACE CONDOMINIUM BLOCK B LOT 24 & .03298 OF COMMON AREA
Census Tract123002
Assessed Land Value$30,000
Assessed Improvement Value$150,890
Assessment Year2025

About this property

Spacious 2 bedroom, 2 bath, mid-century modern condo in Imperial Terrace. The new owner will love the secure entrance and large, open floor plan. Light and bright unit with large balcony. Oversized living room with flagstone fireplace and hearth as the focal point. Open living and dining areas. Kitchen has pantry and breakfast area. Bedrooms are large with walk- in closets. Wonderful storage throughout.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$143,918
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$481/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,596
$180,890
2025
$30,000
$150,890
$180,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,596
$180,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$481/mo
+$975/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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2303 Ridgmar Plaza 24 | Property Details | No Agent List