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$407,438

NAL Estimated Property Value

2604 Lucas Drive, Fort Worth, TX, 76119

$529,669 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$58.17 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,534 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN33416-4-2
Lot Number2
SubdivisionRamey Place Addition
Land UseResidential
Legal DescriptionRAMEY PLACE ADDITION BLOCK 4 LOT 2
Census Tract106300
Assessed Land Value$19,602
Assessed Improvement Value$387,836
Assessment Year2025

About this property

This one puts the WO in WONDERFUL!! Upon drive up, you’ll notice the beautiful landscape & large front porch. Inside you’ll be welcomed by rich hand scraped hardwood floors, recess lighting, dramatic title flooring & space galore! With the master suites and another bedroom on the first floor, this home is perfect for mother inlaw or multi generational families. The kitchen boasts a Texas sized granite that takes your breath away and all stainless steel appliances that stay. With multiple options for dining & entertaining, this 6 bedroom 4 bath 4,100 sqft home promises something for EVERYONE! Bring your pickiest buyers!

Investor Tools

Property Icon
$407,438
Estimated Property Value
$255,803Estimated Mortgage Balance
$151,635Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$529,669
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,445 /month
Positive
Cash Flow Estimate:
$815 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,298
$407,438
2025
$19,602
$387,836
$407,438
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,298
$407,438

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage Firm Inc
Conventional
$276,000
No
First
Jun 8, 2022
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,803
$151,635
37%
63%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,655/mo
+$272/mo
5.7%

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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2604 Lucas Drive | Property Details | No Agent List