$175,000
5041 Fairfax St, Fort Worth, TX, 76116
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop
FlooringWood
Exterior
Lot Size9,596 sqft
Building Information
Year Built1951
Stories1
Garage Spaces1
Land Information
APN34410-41-18
Lot Number18
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 41 LOT 18
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$158,152
Assessment Year2025
About this property
Charming 3-bedroom, 1-bath home conveniently located in the heart of West Fort Worth. Situated just minutes from Camp Bowie Boulevard, I-30, shopping, dining, schools, and entertainment, this property offers easy access to downtown Fort Worth and major highways. Whether you're a first-time homebuyer or seeking an investment opportunity, this home offers great potential in a desirable, established neighborhood. Don't miss the opportunity to make this property your own!
Investor Tools
$36,349Estimated Mortgage Balance
$155,651Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,900
$178,152
2025
$20,000
$158,152
$178,152
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,900
$178,152
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citimortgage Inc
Unknown
$72,265
No
First
Jun 28, 2007
Jul 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,349
$155,651
81%
19%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
12.0%
