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$561,000

NAL Estimated Property Value

3351 Park Ridge Blvd, Fort Worth, TX, 76109

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,610 Sq Ft
price_per_sqft$267.08 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Hardwood, Laminate, Terrazzo, Tile, Wood

Exterior

Exterior FeaturesAwnings, Deck, Private Yard
Lot Size8,817 sqft

Building Information

Year Built1938
Stories1

Land Information

APN2860-21-20
Lot Number20
SubdivisionBluebonnet Hills
Land UseResidential
Legal DescriptionBLUEBONNET HILLS BLOCK 21 LOT 20
Census Tract104301
Assessed Land Value$264,600
Assessed Improvement Value$178,400
Assessment Year2025

About this property

PRICE IMPROVEMENT! Separate studio or guest quarters w LARGE ROOM and FULL BATHROOM contribute 295 sqft (not included in MLS). This charming, Tudor style home is located in the highly desirable Bluebonnet Hills neighborhood and has wonderful curb appeal! Inside is a blank canvas, bursting with potential. Featuring original hardwood floors, some of the original lighting fixtures, large rooms, built-in shelving, an open kitchen, and lots of storage throughout, you can let your imagination run wild. The HVAC (inside and outside units) were replaced 2 years ago. Giant Elm trees and a variety of ornamental trees add gorgeous color and shade to large, landscaped front and back yards. Enjoy peace & relaxation on the cute, covered back porch or under the canopy of the back deck. When you call Bluebonnet Hills home, you'll enjoy the short walk to Bluebonnet Circle with its many shops & restaurants, and you'll be a mere minutes from the lovely TCU campus.

Investor Tools

Property Icon
$561,000
Estimated Property Value
$440,916Estimated Mortgage Balance
$120,084Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$927/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,316
$443,000
2025
$264,600
$178,400
$443,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,316
$443,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$474,015
No
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,916
$120,084
21%
79%
$2,842/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$2,842/mo
$-1,222/mo
3.5%

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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3351 Park Ridge Blvd | Property Details | No Agent List