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$272,000

5224 Hill Ridge Dr, Fort Worth, TX, 76135

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,487 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.15 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Vented Exhaust Fan, Washer

Exterior

Lot Size8,555 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN43700-2-13R
Lot Number13R
SubdivisionTriangle Estates Addition
Land UseResidential
Legal DescriptionTRIANGLE ESTATES ADDITION BLOCK 2 LOT 13R
Census Tract106700
Assessed Land Value$45,000
Assessed Improvement Value$202,957
Assessment Year2025

About this property

Welcome to this beautifully renovated contemporary home in the heart of Fort Worth's Lake Worth neighborhood. This thoughtfully designed residence offers 1,487 square feet of modern living space, featuring three bedrooms and two bathrooms. Step inside to discover an inviting open floor plan bathed in natural light from abundant windows throughout. The modern kitchen stands ready to inspire your culinary adventures with sleek stainless steel appliances, including a refrigerator that conveys with the property. Convenience meets comfort with an included washer and dryer, making laundry day a breeze. The home's location truly shines with its proximity to daily essentials and recreation. Lake Worth High School is just a short distance away, while Lake Worth Park offers a perfect escape for outdoor enthusiasts. Target Grocery is conveniently located nearby for all your shopping needs, and public transportation is easily accessible via the Marine Creek & Jim Wright station. Outdoor living becomes an extension of your home here, where you can enjoy the peaceful Texas evenings. The property provides ample parking space, ensuring convenience for residents and guests alike. The solid construction and recent renovations showcase attention to detail and quality craftsmanship throughout. This rental property presents an exceptional opportunity to enjoy modern living in an established neighborhood. The blend of contemporary style with practical amenities creates an ideal setting for your next home. Don't miss the chance to experience comfortable living in this well-appointed Fort Worth residence. Tenants must carry renter's insurance for the duration of the lease. Rent is due 1st of the month.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$77,642Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$247,957
2025
$45,000
$202,957
$247,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$247,957

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$200,000
No
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,358
$77,642
28%
71%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,200/mo
+$727/mo
8.5%

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.

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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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5224 Hill Ridge Dr | Property Details | No Agent List