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$299,000

4721 Palm Ridge Dr, Fort Worth, TX, 76133

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.47 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range

Exterior

Lot Size5,615 sqft

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APN6270-608-32
Lot Number32
SubdivisionCandleridge Addition
Land UseResidential
Legal DescriptionCANDLERIDGE ADDITION BLOCK 608 LOT 32
Census Tract105515
Assessed Land Value$35,000
Assessed Improvement Value$223,584
Assessment Year2025

About this property

This beautiful turn-key home features 5 bedrooms, 2.5 bathrooms, 2 living spaces, and large upstairs loft with plenty of space! You're welcomed from the front entrance into a large living area, featuring gorgeous wood-like ceramic tile throughout. Through the living room you'll find a wonderful light-filled open kitchen with large center island, gas range and plenty of cabinetry, perfect for large gatherings. The kitchen and living-dining area is adjacent to a nicely sized well-kept backyard, creating a seamless transition for indoor-outdoor living. One bedroom and half-bathroom is conveniently located downstairs, perfect for an office, or guest bedroom. A freshly carpeted staircase leads you to the second level, where you're greeted by a wide open loft, perfect for a third living space, game room, or theater room. The spacious primary bedroom features an abundance of natural light, a lovely en-suite bathroom with double vanities, separate bathtub and shower, and a lovely walk-in closet. Three additional well-sized bedrooms, and a second full bathroom, and a full-size laundry room are additionally located on the second level. This home is ideally located in the Candleridge subdivision in a sought-after Fort Worth neighborhood. Surrounded by multiple parks, including Candleridge Park with playground, and French Lake with scenic walking trails. A 15 minute drive to Downtown Fort Worth, with many attractions and events, restaurants, museums, and the Fort Worth Zoo. Blocks from shopping, dining, and much more, this beautiful home is ready for it's new owners!

Investor Tools

$0Estimated Mortgage Balance
$291,000Estimated Equity
100% 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

Interested in this property?

Elana Bennett

Pinnacle Realty Advisors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,661
$258,584
2025
$35,000
$223,584
$258,584
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,661
$258,584

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$291,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$200/mo
+$2,310/mo
10.4%

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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4721 Palm Ridge Dr | Property Details | No Agent List