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$300,000

NAL Estimated Property Value

5608 Colusa Dr, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,244 Sq Ft
price_per_sqft$151.07 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,758 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN39460-88-13
Lot Number13
SubdivisionSouth Hills Addition
Land UseResidential
Legal DescriptionSOUTH HILLS ADDITION BLOCK 88 LOT 13
Census Tract105703
Assessed Land Value$40,000
Assessed Improvement Value$196,031
Assessment Year2025

About this property

You can stop searching! Welcome to a home where pride of ownership and craftsmanship abound! This Wedgwood gem has been meticulously cared for and recently refreshed. With new updates galore and clean as a whistle, it is move in ready. Step into an open concept living area with wood burning fireplace, vaulted ceilings, and brand new luxury vinyl flooring. The hallway leads to a newly remodeled guest bathroom and 3 nice sized bedrooms with new carpet. The stained wood French doors lead to a fantastic dining or living area with amazing natural light, new flooring and paint. Don't miss the huge bonus room that could be a 4th bedroom or office area. The kitchen is newly painted with a new glass cooktop. The backyard features a covered patio, a driveway with electric security gate (with a remote) leading to a carport, and an insulated workshop! Numerous other upgrades include a sprinkler system, new electric panel, new wall unit heat pump in bonus room, and a brand new HVAC. Seller is also offering a $5000 concession to buyer! Come experience this classic Fort Worth neighborhood with easy access to shopping, dining, schools and TCU. It won't last long!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$325,495Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$906
$236,031
2025
$40,000
$196,031
$236,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$906
$236,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Fha
$332,859
Yes
First
Feb 25, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,495
N/A
0%
108%
$1,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,996/mo
+$24/mo
8.1%

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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5608 Colusa Dr | Property Details | No Agent List