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$299,000

4500 Westridge Ave Apt 23, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,231 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$242.89 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size1,512 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN34315---52A---3---40
Lot Number3-.0300
SubdivisionRidglea Addition
Land UseResidential
Legal DescriptionRIDGLEA ADDITION BLOCK 52A LOT 3 & .0300 OF COMMON AREA
Census Tract102401
Assessed Land Value$55,000
Assessed Improvement Value$185,746
Assessment Year2025

About this property

Fabulous single-story midcentury townhome by renowned architect John Wesley Jones offers an efficient floor plan, dual primary suites, and both a patio and private courtyard. The floor-to-ceiling windows, sliding doors, and skylights allow for ample natural light and the courtyard acts as an outdoor extension of the living room when the weather is nice. Savor the remaining summer days splashing in the community pool. Then, when it turns cooler, curl up in front of the three-sided see-through stacked stone fireplace in the living room. Located adjacent to Ridglea Country Club's golf course, this property is just minutes from downtown with quick access to I-30 and Camp Bowie’s shopping, dining, and entertainment.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$130,000Estimated Mortgage Balance
$172,314Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$521/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,500
$240,746
2025
$55,000
$185,746
$240,746
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,500
$240,746

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$130,000
No
First
Sep 19, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,686
$172,314
58%
42%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,301/mo
+$155/mo
5.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

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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4500 Westridge Ave Apt 23 | Property Details | No Agent List