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$124,000

NAL Estimated Property Value

5316 Smokey Ridge Dr, Fort Worth, TX, 76123

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,795 sqft

Land Information

APN34285-5-12
Lot Number12
SubdivisionRidgeview Estates Addition
Land UseResidential
Legal DescriptionRIDGEVIEW ESTATES ADDITION BLOCK 5 LOT 12
Census Tract105515
Assessed Land Value$60,000
Assessment Year2025

About this property

Unique opportunity! Vacant lot with custom inground pool already on site! Build ready lot in upscale neighborhood ready for your custom built home or great opportunity for home builder...per TAD lot measures 111 X 62 or .15 of an acre. Pool features spacious deck area, fencing and is 5ft deep at the deepest end...superb value when considering a new pool today can easily cost $60k and up and already has driveway approach from street...

Investor Tools

Property Icon
$124,000
Estimated Property Value
$0Estimated Mortgage Balance
$124,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,462
$60,000
2025
$60,000
N/A
$60,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,462
$60,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
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.

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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 Smokey Ridge Dr | Property Details | No Agent List