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$306,881

NAL Estimated Property Value

5204 Garrick Ave, Fort Worth, TX, 76133

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,702 Sq Ft
price_per_sqft$134.55 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size11,683 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN39460-52-22
Lot Number22
SubdivisionSouth Hills Addition
Land UseResidential
Legal DescriptionSOUTH HILLS ADDITION BLOCK 52 LOT 22
Census Tract105701
Assessed Land Value$40,000
Assessed Improvement Value$266,881
Assessment Year2025

About this property

Wonderful 1960's time capsule property, for the family who is ready to put some time and effort into making this home shine again or for an investor looking for a property to invest in a wonderful neighborhood. This home is located on an oversized lot, with wonderful trees and landscaping. The size of the home is 4-2-2 and 1702 sf and is different from tax records. The fourth bedroom was added by the owner. The home is brick and vinyl siding all around. The foundation does need repair, and has been evaluated by Integrity Foundation and we have attached the report and estimate for those repairs. This home will be sold AS-IS and is priced accordingly. Put your own effort into it and reap the rewards of the equity you will gain!

Investor Tools

Property Icon
$306,881
Estimated Property Value
$295,324Estimated Mortgage Balance
$11,557Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,841 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,178
$306,881
2025
$40,000
$266,881
$306,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,178
$306,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$310,400
No
First
Sep 29, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,324
$11,557
3%
96%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,862/mo
+$158/mo
7.9%

Learn About the Market: Opportunity in Fort Worth

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Explore

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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5204 Garrick Ave | Property Details | No Agent List