$205,000
NAL Estimated Property Value4920 Borden Drive, Fort Worth, TX, 76116
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCeramic Tile, Hardwood, Laminate
Exterior
Lot Size10,620 sqft
Building Information
Year Built1955
Stories1
Garage Spaces1
Land Information
APN34410-35-28
Lot Number28
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 35 LOT 28
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$149,171
Assessment Year2025
About this property
Incredible opportunity at a Fantastic price. 2 bed-1 bath with nice laminate flooring in living and dining room. Kitchen has plenty of room and cabinets for storage. Bedrooms each have 2 closets and hardwood floors. Covered deck overlooks a humongous back yard with lots of trees. This home would make a great starter home or a great investment.
Investor Tools
$205,000
Estimated Property Value
$147,475Estimated Mortgage Balance
$57,525Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,375
$169,171
2025
$20,000
$149,171
$169,171
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,375
$169,171
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$157,700
No
First
Nov 30, 2022
Dec 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,475
$57,525
28%
72%
$946/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$946/mo
+$510/mo
8.5%
