Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$199,000

5008 Fairfax St, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.63 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size8,398 sqft

Building Information

Year Built1951
Stories1
Garage Spaces1

Land Information

APN34410-42-3
Lot Number3
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 42 LOT 3
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$175,540
Assessment Year2025

About this property

This charming home is conveniently located off 183 in Ridglea West Addition. Freshly painted! Home has laminate flooring throughout and tile in bathroom. Outside, a nice sized backyard awaits, with plenty of space for grilling and enjoying the great outdoors. Don't miss out on this great Fort Worth home, schedule your tour today!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$193,431Estimated Mortgage Balance
$4,436Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,388
$195,540
2025
$20,000
$175,540
$195,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,388
$195,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$193,431
Yes
First
Jul 17, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,564
$4,436
2%
98%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,207/mo
+$720/mo
11.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5008 Fairfax St | Property Details | No Agent List