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$280,719

NAL Estimated Property Value

5316 Austin Ridge Drive, Fort Worth, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,414 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.47 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size4,700 sqft

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APN41525-O-9
Lot Number9
SubdivisionTerrace Landing
Land UseResidential
Legal DescriptionTERRACE LANDING BLOCK O LOT 9
Census Tract114013
Assessed Land Value$65,000
Assessed Improvement Value$215,719
Assessment Year2025

About this property

WOW WOW WOW! Super Cute & 1 of the BEST in the Neighborhood! Investors = Rents for $1600 per month! Tenant departs 9-11-2020. SPLIT BEDROOM floor plan w-large OPEN Living Room w-LAMINATE WOOD FLOORING, TRAY CEILING & CROWN MOULDING! GOURMET KITCHEN Ww-breakfast bar, tiled back splash, & butler's pantry! Owners Bedroom complete w-laminate flooring, 2 sinks & a large walk-in closet! Secondary Bedrooms feature walk-in closets, 2 inch blinds & fans! Sep Laundry Room w-drip dry space! Private Backyard w-gorgeous stone covered patio & vaulted PERGOLA! Full Yard Sprinkler! Community amenities include COMMUNITY POOL & PLAYGROUND! PIC'S ARE FROM BEFORE CURRENT TENANT MOVED IN! Listing agent is the seller.

Investor Tools

Property Icon
$280,719
Estimated Property Value
$185,312Estimated Mortgage Balance
$95,407Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,684 /month
Positive
Cash Flow Estimate:
$561 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,659
$280,719
2025
$65,000
$215,719
$280,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,659
$280,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$208,160
Yes
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,312
$95,407
33%
66%
$1,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,599/mo
+$1,111/mo
11.6%

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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5316 Austin Ridge Drive | Property Details | No Agent List