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$160,000

5605 Ramey Avenue, Fort Worth, TX, 76112

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDisposal, Electric Range, Gas Water Heater, Refrigerator

Exterior

Lot Size7,318 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN35190-22-29R
Lot Number29R
SubdivisionRosedale Park Addition
Land UseResidential
Legal DescriptionROSEDALE PARK ADDITION BLOCK 22 LOT 29R
Census Tract103602
Assessed Land Value$21,960
Assessed Improvement Value$134,901
Assessment Year2025

About this property

Fort Worth investment opportunity with guaranteed Section 8 cash flow! Sold strictly AS-IS and subject to third-party approval. This property is the perfect set it and forget it addition to your portfolio, featuring a reliable tenant on a month-to-month Section 8 voucher. Benefit from the stability of government-backed rental payments and the low vacancy rates of the Fort Worth market. The home offers a functional layout with a spacious living area and an eat-in kitchen ready for future value-add improvements. Situated on a large lot with mature trees in Fort Worth ISD, the long-term equity potential is significant. Sold AS-IS with no repairs. Due to tenant occupancy, showings are available only with an acceptable offer. Secure this income-producing asset today!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$0Estimated Mortgage Balance
$6,834Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month

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Jessica Cortez

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,434
$156,861
2025
$21,960
$134,901
$156,861
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,434
$156,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Building Or Construction Loan
$191,250
No
First
Dec 3, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,166
$6,834
3%
96%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,147/mo
+$780/mo
12.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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5605 Ramey Avenue | Property Details | No Agent List