Last 24 Hours
$109,000
NAL Estimated Property Value5057 Ridglea Ln Apt 1111, Fort Worth, TX, 76116
Off Market
2 Beds
2 Bath
1,295 Sq Ft
$86.49 / sqft
Built in 1968Property Lead Type:
Absentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Heating Central
CoolingAppliancesDishwasher, Disposal, Electric Range, Refrigerator
Building Information
Year Built1968
Land Information
APN-7790C---C--1111
Lot Number1111
SubdivisionColonial Gardens Condominiums
Land UseResidential
Legal DescriptionCOLONIAL GARDENS CONDOMINIUMS BLOCK C LOT 1111 & 3.59% OF COMMON AREA
Census Tract102401
Assessed Land Value$15,000
Assessed Improvement Value$44,067
Assessment Year2025
About this property
Charming 2-bedroom condo with great potential awaits your personal touch perfect opportunity for investors or first time buyers, Lease is for 1 yrs
Investor Tools
$109,000
Estimated Property Value
$0Estimated Mortgage Balance
$109,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$672 /month
Positive
Cash Flow Estimate:
$224 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$312/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,617
$59,067
2025
$15,000
$44,067
$59,067
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,617
$59,067
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$312/mo
+$1,144/mo
16.0%
12.4%