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$306,318

NAL Estimated Property Value

5601 Wales Ave, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,620 Sq Ft
price_per_sqft$107.96 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size6,499 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN45580-65-2
Lot Number2
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 65 LOT 2
Census Tract105502
Assessed Land Value$40,000
Assessed Improvement Value$266,318
Assessment Year2025

About this property

MUST SEE! Great Layout and Lots of Potential in this 3 Bedrooms, 2 Full bath property. Decorative lighting throughout, kitchen with breakfast bar, separate gas cooktop, Spacious dining room and living room with wood burning fireplace, large tree lined corner lot, fenced in backyard with shed, screened in patio connecting house and 2 car garage. BRAND NEW HVAC UNIT INSTALLED!!!!!

Investor Tools

Property Icon
$306,318
Estimated Property Value
$140,140Estimated Mortgage Balance
$166,178Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,838 /month
Positive
Cash Flow Estimate:
$613 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,906
$306,318
2025
$40,000
$266,318
$306,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,906
$306,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lhm Financial Corp
Fha
$160,047
Yes
First
Jan 8, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,140
$166,178
54%
46%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$960/mo
+$1,060/mo
7.9%

City: Fort Worth

5601 Wales Ave | Property Details | No Agent List