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Owner Contacts

$333,000

NAL Estimated Property Value

5828 Red Drum Drive, Fort Worth, TX, 76179

Off Market

3 Beds

2 Bath

2,309 Sq Ft

Single Family Residence

$151.58 / sqft

Built in 2007

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave, Tankless Water Heater

Exterior

Lot Size6,534 sqft

Building Information

Year Built2007

Garage Spaces2

Land Information

APN24819-G-19

Lot Number19

SubdivisionMarine Creek Ranch Addition

Land UseResidential

Legal DescriptionMARINE CREEK RANCH ADDITION BLOCK G LOT 19

Census Tract114010

Assessed Land Value$70,000

Assessed Improvement Value$258,021

Assessment Year2025

About this property

Beautifully maintained 3-bedroom, 2-bath home in Fort Worth featuring a spacious and functional layout with two living areas, a dedicated dining area, and a bright breakfast nook. The inviting main living room includes a cozy fireplace, perfect for relaxing or entertaining. Large laundry room offers added convenience and extra storage space. Step outside to enjoy the backyard with covered porch and peaceful greenbelt views, creating the perfect setting for outdoor gatherings or quiet evenings. Major updates provide peace of mind, including replaced AC system and roof in 2020, tankless water heater installed in 2019 and foundation repairs completed in 2024. Conveniently located near schools, shopping, dining, and commuter routes. A fantastic opportunity to own a well-maintained home with thoughtful updates and excellent outdoor living space!

Investor Tools

$333,000

Estimated Property Value

$0Estimated Mortgage Balance

$333,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,100 /month

Positive

Cash Flow Estimate:

$700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$641/month

$380/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,026

$328,021

2025

$70,000

$258,021

$328,021

Tax History

Year

Tax Paid

Assessed Value

2024

$6,026

$328,021

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$333,000

100%

$0/mo

Learn About the Market: Opportunity in Fort Worth

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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.

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