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$1,300,000

4121 Rowan Dr, Fort Worth, TX, 76116

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths5,519 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.55 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesDock
Lot Size40,716 sqft

Building Information

Year Built1968
Stories2
Garage Spaces2

Land Information

APN34345-44A-28
Lot Number28
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 44A LOT 28
Census Tract102402
Assessed Land Value$326,562
Assessed Improvement Value$899,343
Assessment Year2025

About this property

First Time on the Market! Rare Waterfront Estate on Luther Lake! This original-owner property sits on a premier, highly desirable lot of nearly an acre. Enjoy a priceless, middle of the city lifestyle with a private dock perfect for fishing and paddleboarding. The Lot: Ideal east-facing backyard offers stunning morning sunrises and protects your afternoon outdoor entertaining from the harsh western sun. The home is a teardown, and the property is being sold as-is for lot value.

Investor Tools

$0Estimated Mortgage Balance
$1,225,905Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Caren Parten

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$965/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,447
$1,225,905
2025
$326,562
$899,343
$1,225,905
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,447
$1,225,905

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,225,905
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
1.9%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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4121 Rowan Dr | Property Details | No Agent List