$248,882
NAL Estimated Property Value2604 Ridge Rd N, Fort Worth, TX, 76133
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerVacant Homes
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size7,431 sqft
Building Information
Year Built1984
Stories1
Garage Spaces2
Land Information
APN39545-11-11
Lot Number11
SubdivisionSouth Meadow Addition
Land UseResidential
Legal DescriptionSOUTH MEADOW ADDITION BLOCK 11 LOT 11
Census Tract105705
Assessed Land Value$30,000
Assessed Improvement Value$218,882
Assessment Year2025
About this property
Well maintained 3 bedrooms, 2 bathrooms, and 2-car garage. Living area boasts vaulted ceilings and cozy wood burning fireplace. Ceramic wood-look tile flooring in living room, hallways, and master bath. Spacious master bedroom. Master bath has dual sinks, separate tub and shower, and his and her walk-in closets. Covered patio and large backyard with storage shed and fenced off dog area. Conveniently located to both I20 and I35 and only 15 minutes to Downtown Fort Worth, Clearfork, and TCU.
Investor Tools
$248,882
Estimated Property Value
$252,993Estimated Mortgage Balance
$248,882Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,585
$248,882
2025
$30,000
$218,882
$248,882
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,585
$248,882
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Fha
$237,000
Yes
First
Jun 25, 2024
Jul 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,993
N/A
0%
102%
$1,571/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,571/mo
+$449/mo
9.7%
