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$305,000

5509 Thunder Bay Dr, Fort Worth, TX, 76119

$310,186 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.29 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,197 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN45259K-3-18
Lot Number18
SubdivisionWaterfront @ Enchanted Bay-Fw
Land UseResidential
Legal DescriptionWATERFRONT @ ENCHANTED BAY-FW BLOCK 3 LOT 18
Census Tract106400
Assessed Land Value$55,000
Assessed Improvement Value$270,495
Assessment Year2025

About this property

Don't miss this outstanding opportunity to own a spacious 4-bedroom, 2.5-bath home with a 2-car garage located in a gated community in Fort Worth. Whether you're an investor, flipper, or buyer looking to build equity, this property offers tremendous potential. The functional floor plan features generous living spaces, a private primary suite, and three additional bedrooms, providing plenty of room for family, guests, or a home office. With solid bones and a desirable layout, this home is ready for its next owner to bring it back to life. This is a possible short sale and is being sold as-is. The home will likely require interior paint and new flooring throughout, providing the perfect opportunity to customize the finishes to your personal style while adding value. Conveniently located with easy access to major highways, shopping, dining, schools, and everything Fort Worth has to offer, this property combines location, space, and opportunity.

Investor Tools

Property Icon
$325,495
Estimated Property Value
$4,000,000Estimated Mortgage Balance
$0Estimated Equity
-1129% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$310,186
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

Interested in this property?

Jodie Boutilier

Weichert Realtors/Property Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
$95/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,125
$325,495
2025
$55,000
$270,495
$325,495
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,125
$325,495

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Unknown
$4,000,000
No
First
Mar 24, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,179,588
N/A
0%
977%
$13,946/mo

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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5509 Thunder Bay Dr | Property Details | No Agent List