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$661,000

NAL Estimated Property Value

5362 Shelby Road, Fort Worth, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,648 Sq Ft
price_per_sqft$141.62 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size2.98 acres

Building Information

Year Built1960
Stories1

Land Information

APNA 394-2A02
SubdivisionDavidson, Wash Survey
Land UseResidential
Legal DescriptionDAVIDSON, WASH SURVEY ABSTRACT 394 TRACT 2A02
Census Tract111317
Assessed Land Value$193,750
Assessed Improvement Value$256,250
Assessment Year2025

About this property

Spacious 3 bed, 2 bath home sitting on just under 3 acres with mature trees, workshop with electricity, carport, and huge open covered space perfect for RV, camper, trailers, work equipment or a boat. Could easily be closed in to make great horse stables. Home features 3 large bedrooms in a split bedroom open floor plan. New Low E, double paned windows installed 2019, Bamboo wood floors installed in 2019. Kitchen, laundry room and bathroom flooring just updated. Master bathroom updated in 2020. Enjoy large porches in the front and back of home. Two 500 gallon septic tanks pumped in 2019. No city taxes!! So much to enjoy! Come take a look

Investor Tools

Property Icon
$661,000
Estimated Property Value
$189,840Estimated Mortgage Balance
$471,160Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,966 /month
Positive
Cash Flow Estimate:
$1,322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,255
$450,000
2025
$193,750
$256,250
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,255
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$215,000
No
First
May 27, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,840
$471,160
71%
29%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,290/mo
+$710/mo
3.6%

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.

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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5362 Shelby Road | Property Details | No Agent List