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$425,000

4401 Fair Ridge Dr, Fort Worth, TX, 76008

$496,318 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.98 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Entrance, Private Yard
Lot Size10,999 sqft

Building Information

Year Built1989
Stories2
Garage Spaces3

Land Information

APN24315-16-27
Lot Number27
SubdivisionLost Creek Addition
Land UseResidential
Legal DescriptionLOST CREEK ADDITION BLOCK 16 LOT 27
Census Tract110808
Assessed Land Value$110,000
Assessed Improvement Value$402,509
Assessment Year2025

About this property

INCREDIBLE OPPORTUNITY! PREVIOUS BUYER COULD NOT SELL THEIR HOME. PRICED WAY BELOW MARKET to allow buyers to update the home and put their special touches on the property. Expansive 5 bed, 4 bath home on a picturesque large lot in Lost Creek Estates with amazing potential. This stately brick residence is nestled on a tree-lined cul-de-sac street overlooking a serene greenbelt and pond. This property boasts a new roof and a host recent upgrades. ALL 3 HVAC units were replaced in 2020 and 2021. Step inside to find a remodeled kitchen in 2021, featuring cabinets, countertops, appliances, backsplash, & stylish floors. Primary bedroom downstairs with ensuite, beautifully renovated with a freestanding soaking tub, a large walk-in shower, and new cabinetry. LVP flooring downstairs in the living areas, breakfast & kitchen. 3 bedrooms, 2 baths and a game room upstairs. 3-car garage with workshop area and a convenient circle driveway. Situated in a desirable neighborhood, you'll appreciate the sense of community among wonderful neighbors. Don't miss this wonderful opportunity to come in and put finishing touches on this home and make it your own. The perfect multi- generational home with split private bedrooms! You will love living in Lost Creek!

Investor Tools

Property Icon
$522,000
Estimated Property Value
$320,000Estimated Mortgage Balance
$209,079Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$496,318
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,132 /month
Positive
Cash Flow Estimate:
$1,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,936
$512,509
2025
$110,000
$402,509
$512,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,936
$512,509

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mortgage Associates Inc
Conventional
$320,000
No
First
Feb 11, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,921
$209,079
40%
60%
$1,919/mo

Learn About the Market: Opportunity in Fort Worth

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Explore

Fort Worth

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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4401 Fair Ridge Dr | Property Details | No Agent List