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$228,000

NAL Estimated Property Value

5008 Roanoke St, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.05 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringWood

Exterior

Lot Size8,059 sqft

Building Information

Year Built1951
Stories1

Land Information

APN34410-38-3
Lot Number3
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 38 LOT 3
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$75,000
Assessment Year2025

About this property

Charming, move-in ready cottage in Ridglea West! This beautifully maintained home features a spacious living room with hardwood floors throughout. The large backyard is ideal for gardening or outdoor gatherings, and the exterior has been freshly painted. With its flexible floor plan, there's even the potential to convert the dining room into a third bedroom. A must-see property with endless possibilities! **the seller does not have a survey and the buyer will need to get a new one***

Investor Tools

Property Icon
$228,000
Estimated Property Value
$155,731Estimated Mortgage Balance
$72,269Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,132
$95,000
2025
$20,000
$75,000
$95,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,132
$95,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John Nolan Bedford Etal
Purchase Money Mortgage
$160,000
No
First
Nov 25, 2024
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,731
$72,269
31%
68%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$960/mo
+$967/mo
10.1%

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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5008 Roanoke St | Property Details | No Agent List