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$183,096

NAL Estimated Property Value

5509 Norma St, Fort Worth, TX, 76112

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Lot Size6,900 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN14490-6-13
Lot Number13
SubdivisionForty Oaks Addition
Land UseResidential
Legal DescriptionFORTY OAKS ADDITION BLOCK 6 LOT 13
Census Tract101403
Assessed Land Value$20,700
Assessed Improvement Value$162,396
Assessment Year2025

About this property

Available for move in beginning July 10. Tucked beneath mature shade trees in an established Fort Worth neighborhood, this well maintained 4 bedroom, 1 bathroom home offers comfort, character, and thoughtful updates throughout. With approximately 1,218 square feet of living space, the home features original hardwood flooring through much of the interior, a bright and inviting living area, and a flexible floor plan designed for everyday living. The converted garage serves as a spacious fourth bedroom or bonus room, making it ideal for a home office, playroom, workout space, or guest room. The functional kitchen provides ample cabinet storage and overlooks the main living areas. Major system updates provide added peace of mind, including updated PVC plumbing and water lines, electrical, ductwork, HVAC system, water heater, sewer line, insulation, gutters, and most windows. Outside, you'll enjoy an oversized backyard shaded by mature trees, along with a long driveway offering plenty of parking. Conveniently located near shopping, dining, schools, major highways, and just minutes from Downtown Fort Worth, this home offers the perfect balance of neighborhood charm and city convenience. The home will be vacant July 6 and available for move in beginning July 10. Don't miss this opportunity to lease a home with character, space, and numerous major updates in an established Fort Worth neighborhood. Pets are case by case basis.

Investor Tools

Property Icon
$183,096
Estimated Property Value
$141,313Estimated Mortgage Balance
$42,333Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,099 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,165
$183,096
2025
$20,700
$162,396
$183,096
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,165
$183,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$150,228
Yes
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,313
$57,687
28%
77%
$938/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$938/mo
+$989/mo
12.6%

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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5509 Norma St | Property Details | No Agent List