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$427,000

NAL Estimated Property Value

6108 Malvey Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.48 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,920 sqft

Building Information

Year Built1947
Stories1
Garage Spaces1

Land Information

APN34380-1A-3
Lot Number3
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 1A LOT 3
Census Tract102401
Assessed Land Value$163,815
Assessed Improvement Value$155,738
Assessment Year2025

About this property

MOTIVATED SELLER!! Seller will pay $4,000 IN CLOSING COSTS!!!! Move Right in to this LIKE-NEW home in the heart of the Fort Worth within minutes of downtown an the TCU area!! Enjoy the convenience, charm and prestige of living in Ridglea North where you can walk to Burney Park as well as all the great dining-retail on Camp Bowie. This home has been fully renovated and beautifully updated with modern colors & fixtures. Its gorgeous inside!! The home boasts 4 bedrooms, 2 baths, and an open-concept living & kitchen area. Very large private backyard with a large detached garage-workshop area (30x20). You wont want to miss this!!!

Investor Tools

Property Icon
$427,000
Estimated Property Value
$183,235Estimated Mortgage Balance
$243,765Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,562 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,029
$319,553
2025
$163,815
$155,738
$319,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,029
$319,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$203,780
No
First
Feb 16, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,235
$243,765
57%
43%
$1,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,222/mo
+$705/mo
5.4%

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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6108 Malvey Avenue | Property Details | No Agent List