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Owner Contacts

$314,000

NAL Estimated Property Value

5900 Blackmon Ct, Fort Worth, TX, 76137

Off Market

3 Beds

3 Bath

1,503 Sq Ft

$1.3 / sqft

Built in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Lot Size3,297 sqft

Building Information

Year Built2001

Stories2

Garage Spaces2

Land Information

APN31802-16-48

Lot Number48

SubdivisionParkway Hill Addition

Land UseResidential

Legal DescriptionPARKWAY HILL ADDITION BLOCK 16 LOT 48

Census Tract113920

Assessed Land Value$40,000

Assessed Improvement Value$222,000

Assessment Year2025

About this property

RARE OPPORTUNITY to own both sides 5900 and 5836 Blackmon Ct, Fort Worth, TX 76137 of a townhome-duplex! Great for investors or to live in one side and lease out the other! 5900 is vacant and available for viewing. Each side is identical with 3 bedrooms, 2.5 baths, 2 car garages and 1,503 sf and each their own spacious private yard. NEW Roof, No HOA & No city tax. Enter and the large living room with vaulted ceiling and lots of windows welcomes you. Eat-in kitchen with breakfast bar for family meals. All of the bedrooms are on the second floor. Spacious master bedroom with tray ceiling and walk-in closet. Large secondary bedrooms are split from master. Each side with a small private backyard. An oversized garage with extra space for storage. Location is everything! Property located in Keller ISD, close to shopping, restaurants, entertainment, and more! This duplex has been maintained and managed professionally & in great condition. Schedule a tour!

Investor Tools

$314,000

Estimated Property Value

$189,686Estimated Mortgage Balance

$124,314Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,234 /month

Positive

Cash Flow Estimate:

$1,078 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$654/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,275

$262,000

2025

$40,000

$222,000

$262,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,275

$262,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jackson Flagstar Centre Office

Conventional

$196,125

First

Jul 11, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$189,686

$124,314

39%

60%

$1,176/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,450/mo

$1,176/mo

+$1,274/mo

9.4%

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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