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$104,000

NAL Estimated Property Value

5053 Ridglea Lane 911, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,295 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$84.86 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate

Building Information

Year Built1968

Land Information

APN-7790C---A--911
Lot Number911
SubdivisionColonial Gardens Condominiums
Land UseResidential
Legal DescriptionCOLONIAL GARDENS CONDOMINIUMS BLOCK A LOT 911 & 3.60% OF COMMON AREA
Census Tract102401
Assessed Land Value$15,000
Assessed Improvement Value$80,934
Assessment Year2025

About this property

Very nice and large updated condo located in the much sought after Ridglea area. It's located on the first floor and features 2br and 2 full baths with a laundry room and stainless steel appliances. It has ceramic tile wood look flooring in the living, dining, kitchen and hallway areas. New carpet in the bedrooms. This condo would make a great rental property or for a small family, for roommates, an Airbnb etc Centrally located between I-20 and I-30 and moments from the Chisolm Trail. In close proximity to Hulen Mall, Clear Fork Shops, Sam's Club and numerous nice restaurants. Only 10 mins from TCU and downtown Ft Worth. Cash Buyers Only.

Investor Tools

Property Icon
$104,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$659 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$283/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,169
$95,934
2025
$15,000
$80,934
$95,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,169
$95,934

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$104,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$283/mo
+$1,173/mo
16.8%

City: Fort Worth

5053 Ridglea Lane 911 | Property Details | No Agent List