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$1,475,000

NAL Estimated Property Value

6017 Wj Boaz Rd, Fort Worth, TX, 76179

Off MarketInfo
Beds17 Beds
Baths9 Bath
Baths7,196 Sq Ft
DuplexDuplex
price_per_sqft$187.6 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 17Bedrooms 17
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Washer
FlooringLaminate, Other

Exterior

Exterior FeaturesStorage
Lot Size14,697 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN23140-D-2
Lot Number2
SubdivisionLake Crest Est #1 & 2 Addition
Land UseResidential
Legal DescriptionLAKE CREST EST #1 & 2 ADDITION BLOCK D LOT 2
Census Tract114009
Assessed Land Value$45,000
Assessed Improvement Value$174,156
Assessment Year2024

About this property

Great investment opportunity for a stabilized multifamily asset located in the high-growth corridor of Northwest Fort Worth. The property features 9 units with 4 buildings, offering a diverse mix of 1, 2, and 3 bedroom layouts. With a total building area of 7,196 sf situated on 1.1 acres, the asset combines spacious unit designs with operational efficiency. Strong surrounding residential demand and excellent access to major highways including I-35W, I-820. The location is further enhanced by proximity to Alliance Airport, major industrial employers, and an expanding array of retail and dining options. With favorable demographic trends and a resilient rental market, this property represents a prime opportunity for investors seeking long-term stability in the DFW Metroplex.

Investor Tools

Property Icon
$1,475,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,850 /month
Positive
Cash Flow Estimate:
$2,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,402
$219,156
2024
$45,000
$174,156
$219,156
No

Tax History

Year
Tax Paid
Assessed Value
2023
$5,402
$219,156

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,475,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
N/A
+$2,710/mo
2.2%

City: Fort Worth

6017 Wj Boaz Rd | Property Details | No Agent List