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$484,000

NAL Estimated Property Value

6029 Locke Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,799 Sq Ft
price_per_sqft$222.29 / sqft
Year BuiltBuilt in 1949

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
AppliancesGas Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,247 sqft

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN-6970---28---15---20
Lot Number15-16
SubdivisionChamberlain Arlington Heights
Land UseResidential
Legal DescriptionCHAMBERLAIN ARLINGTON HEIGHTS BLOCK 28 LOT 15 & 16
Census Tract102401
Assessed Land Value$50,000
Assessed Improvement Value$300,000
Assessment Year2025

About this property

Beautifully updated in highly desired Ridglea North. This 3 bed, 2 bath light, fresh and well-kept home has so many improvements while keeping with the character and charm of the home and neighborhood. Original hardwoods, open floorplan, and a large spacious kitchen with lots of storage, gas cooktop range and beautiful floating shelves. Large master suite with a generous walk-in closet will wow with a stunning en suite bath that includes heated floors. A mudroom at the back entrance is equipped with laundry space. Backyard is great for outdoor living and entertaining. Detached garage has workshop. See Improvements list for full details.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$343,549Estimated Mortgage Balance
$140,451Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,873
$350,000
2025
$50,000
$300,000
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,873
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$375,500
No
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,549
$140,451
29%
71%
$2,252/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$2,252/mo
$-796/mo
3.6%

City: Fort Worth

6029 Locke Ave | Property Details | No Agent List