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$82,000

NAL Estimated Property Value

5116 Locke Ave, Fort Worth, TX, 76107

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,247 sqft

Land Information

APN-6980--131---31---20
Lot Number31-32
SubdivisionChamberlain Arlington Hts 1st
Land UseResidential
Legal DescriptionCHAMBERLAIN ARLINGTON HTS 1ST BLOCK 131 LOT 31 & 32
Census Tract102601
Assessed Land Value$32,272
Assessment Year2025

About this property

Looking for a prime piece of land in Fort Worth? Look no further than 5116 Locke Avenue! This 50x138 lot is perfect for building your dream home. Located in a highly desirable area of Fort Worth with no HOA. This property is close to the Central Market Shopping Center with shopping, dining, and entertainment. Close to Camp Bowie with the Medical school, and museum district. Convenient access to I30. Don't miss out on this incredible opportunity to own a piece of Fort Worth real estate!

Investor Tools

Property Icon
$82,000
Estimated Property Value
$0Estimated Mortgage Balance
$82,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$492 /month
Positive
Cash Flow Estimate:
$164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$898
$32,272
2025
$32,272
N/A
$32,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$898
$32,272

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$82,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Fort Worth

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Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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5116 Locke Ave | Property Details | No Agent List