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$625,000

NAL Estimated Property Value

4601 Winthrop Avenue E, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.13 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCeramic Tile, Concrete, Wood

Exterior

Lot Size10,398 sqft

Building Information

Year Built1951
Stories1
Garage Spaces2

Land Information

APN34315-51-6
Lot Number6
SubdivisionRidglea Addition
Land UseResidential
Legal DescriptionRIDGLEA ADDITION BLOCK 51 LOT 6
Census Tract102401
Assessed Land Value$100,000
Assessed Improvement Value$525,000
Assessment Year2025

About this property

Mid-century gem sits on nearly a quarter acre corner lot in the close-knit and sought-after Ridglea Neighborhood. The living area boasts a fabulous wood-burning fireplace, gleaming original hardwoods, and a massive window that looks out over the mature tree in the front yard. You’ll love the charming vintage tile in the kitchen and bath! The divided backyard features a flagstone patio as well as a separate grassy space, perfect for pets! Recent improvements include 2016 roof with radiant barrier, new sewer pipes, HVAC updates, and some electrical. The many shops and restaurants of Camp Bowie, Clearfork, and Waterside are just minutes away & getting on I-30, I-20, or the Chisholm Trail for a commute is a snap!

Investor Tools

Property Icon
$625,000
Estimated Property Value
$617,967Estimated Mortgage Balance
$7,033Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,584
$625,000
2025
$100,000
$525,000
$625,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,584
$625,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Unknown
$122,000
No
First
Feb 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$617,967
$7,033
1%
99%
$3,458/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,458/mo
$-1,531/mo
3.7%

City: Fort Worth

4601 Winthrop Avenue E | Property Details | No Agent List