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$109,000

NAL Estimated Property Value

5063 Ridglea Ln Apt 1002, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,284 Sq Ft
price_per_sqft$85.67 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1968

Land Information

APN-7790C---B--1002
Lot Number1002
SubdivisionColonial Gardens Condominiums
Land UseResidential
Legal DescriptionCOLONIAL GARDENS CONDOMINIUMS BLOCK B LOT 1002 & 3.57% OF COMMON AREA
Census Tract102401
Assessed Land Value$15,000
Assessed Improvement Value$44,050
Assessment Year2025

About this property

Charming 2-bedroom condo with great potential awaits your personal touch perfect opportunity for investors or fist time buyers,

Investor Tools

Property Icon
$109,000
Estimated Property Value
$129,090Estimated Mortgage Balance
$109,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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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
$1,610
$59,050
2025
$15,000
$44,050
$59,050
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,610
$59,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Per Fit Financial Investments Inc
Unknown
$150,000
No
First
May 17, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,090
N/A
0%
118%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,212/mo
+$244/mo
16.0%

City: Fort Worth

5063 Ridglea Ln Apt 1002 | Property Details | No Agent List