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$218,000

NAL Estimated Property Value

6004 Cherrylawn Ct, Fort Worth, TX, 76131

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,014 Sq Ft
price_per_sqft$236.59 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,124 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN30255-19-11
Lot Number11
SubdivisionNorthbrook Phase 1 & 2 (Ftw)
Land UseResidential
Legal DescriptionNORTHBROOK PHASE 1 & 2 (FTW) BLOCK 19 LOT 11
Census Tract105008
Assessed Land Value$45,000
Assessed Improvement Value$140,330
Assessment Year2025

About this property

This lovingly maintained and freshly updated Fort Worth charmer is ready for new owners! Updates in 2024 include crisp interior and exterior paint; light color, wide-plank LVP throughout living, dining, kitchen, traffic and bedrooms; vinyl tile flooring in baths; sleek gray kitchen cabinets complemented by light counter tops; stainless steel appliances including dishwasher, smooth top range and over-the-range built in microwave; oversized farm-style stainless steel sink; lighting; hardware; plumbing fixtures; removal of popcorn ceilings; smoke detectors; partial gutters and so much more! The living space in this home is extended to the outdoors with a charming and inviting covered front deck measuring 21x9! The oversized, level, fenced, cul-de-sac lot includes a 15x9 foot storage building in the backyard with a large concrete patio perfect for grilling, projects or relaxing and a side extension of the driveway allows for convenient parking of an extra vehicle, RV, boat or trailer.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$218,509Estimated 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
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$648
$185,330
2025
$45,000
$140,330
$185,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$648
$185,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dept Of Housing & Cmnty Affairs
Stand Alone Second / Subordinate Position
$224,852
No
First
Oct 1, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,509
N/A
0%
100%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,349/mo
+$1,321/mo
14.7%

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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6004 Cherrylawn Ct | Property Details | No Agent List