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Owner Contacts

$400,000

5320 Platt Ct, Fort Worth, TX, 76137

Off Market

4 Beds

3 Bath

2,513 Sq Ft

Single Family Residence

$159.17 / sqft

Built in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

FlooringBamboo, Carpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size7,218 sqft

Building Information

Year Built2000

Stories2

Garage Spaces2

Land Information

APN31565-61-16

Lot Number16

SubdivisionPark Glen Addition

Land UseResidential

Legal DescriptionPARK GLEN ADDITION BLOCK 61 LOT 16

Census Tract113917

Assessed Land Value$65,000

Assessed Improvement Value$319,397

Assessment Year2025

About this property

What a location! The wonderful home is set right next to a walk and bike trail leading to a greenbelt and Arcadia Trail Park. Just a quick drive to many shopping and dining options, as well as major freeways leading to Ft. Worth, Denton and DFW Airport. Highlights of this gorgeous home is the floor plan, offering an open concept design with cathedral ceilings, double staircase and a bonus room loft at the top of the double staircase. Nice sized backyard and you just can't beat owning property at the end of a cul-de-sac. BONUS...the entire court is shared with only one other homeowner! Guest parking galore! Sellers have invested over $70,000 of quality improvements to the home, including replacing the roof, HVAC systems, water heaters, flooring & baseboards, 5 upstairs windows and guest bath remodel. Also, the home's exterior received a fresh paint makeover in Oct of 2023! Make sure you tell your agent about this great opportunity and make an appointment to see it today!

Investor Tools

$385,000

Estimated Property Value

$320,000Estimated Mortgage Balance

$78,507Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,400 /month

Positive

Cash Flow Estimate:

$800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$706/month

$66/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,546

$384,397

2025

$65,000

$319,397

$384,397

Tax History

Year

Tax Paid

Assessed Value

2024

$6,546

$384,397

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$320,000

First

Jan 24, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$306,493

$78,507

20%

80%

$1,919/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,030/mo

$1,985/mo

+$1,045/mo

9.4%

Learn About the Market: Opportunity in Texas

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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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