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$161,008

5054 Flamingo Road, Fort Worth, TX, 76119

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.61 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Lot Size10,128 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN8443-12-14
Lot Number14
SubdivisionCouch, J T Addition
Land UseResidential
Legal DescriptionCOUCH, J T ADDITION BLOCK 12 LOT 14
Census Tract104603
Assessed Land Value$30,128
Assessed Improvement Value$130,880
Assessment Year2025

About this property

Located in a well-established Fort Worth neighborhood experiencing ongoing revitalization, this property offers exceptional potential with a spacious lot and solid underlying structure. Surrounded by new construction and continued development, the area reflects strong growth and increasing value. Recent improvements include a new roof and foundation repairs, giving investors a major head start and added peace of mind. The home sits on a generously sized lot, providing ample room for expansion, outdoor living, or future enhancements. With its good bones and functional layout, this is an ideal opportunity for those looking to add cosmetic updates and maximize value. Conveniently positioned with easy access to major roads, shopping, and everyday amenities, this property combines location, groundwork, and upside potential. Whether you're planning a flip, rental, or long-term hold, this is a smart investment opportunity. Buyer and buyer agent to verify all information.

Investor Tools

Property Icon
$161,008
Estimated Property Value
$0Estimated Mortgage Balance
$161,008Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,613
$161,008
2025
$30,128
$130,880
$161,008
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,613
$161,008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,008
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
14.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

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

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5054 Flamingo Road | Property Details | No Agent List