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$407,900

6105 Lenway Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.94 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,996 sqft

Building Information

Year Built1951
Stories1
Garage Spaces2

Land Information

APN34315-51-83
Lot Number83
SubdivisionRidglea Addition
Land UseResidential
Legal DescriptionRIDGLEA ADDITION BLOCK 51 LOT 83
Census Tract102401
Assessed Land Value$100,000
Assessed Improvement Value$403,000
Assessment Year2025

About this property

A beautiful Ridglea home is an understatement. This updated home is on one of the highest points in Ridglea and is at the center of this historic neighborhood. Located close to shopping, great restaurants, and the Ridglea Country Club. Welcome home to this beautiful mid-century modern home with large spacious rooms, a flowing floor plan perfect for entertaining. The gorgeous wooded lot has a large backyard and is shaded by a century-old oak tree. As you enter the home you are greeted by a large living and dining room and adjacent to the newly updated kitchen. This home is an excellent representation of modern-day living with a glimpse of the charm of the 1950s. Welcome Home

Investor Tools

Property Icon
$532,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,857Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,192 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,619
$503,000
2025
$100,000
$403,000
$503,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,619
$503,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$327,500
No
First
Oct 1, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,143
$239,857
45%
55%
$1,964/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,964/mo
$-37/mo
4.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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6105 Lenway Avenue | Property Details | No Agent List