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$509,000

NAL Estimated Property Value

6113 Falls Lake Road, Fort Worth, TX, 76179

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.17 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size9,191 sqft

Building Information

Year Built2015
Garage Spaces3

Land Information

APN24819-T-18
Lot Number18
SubdivisionMarine Creek Ranch Addition
Land UseResidential
Legal DescriptionMARINE CREEK RANCH ADDITION BLOCK T LOT 18
Census Tract114010
Assessed Land Value$100,000
Assessed Improvement Value$334,106
Assessment Year2025

About this property

Built by First Texas Homes- Need more space? Move in ready! Stunning elevation with stone & brick detail. Double ovens, 5 burner gas c-top, touch sensor faucet, granite counters in kitchen , Master bath & powder. Oversized master shower. Sprinklers, gutters. Custom cabinets. Iron railing. Work in the study. Play in the Game room. Media has updated speakers. Jack & Jill in secondary bed plus a separate full bath. Tile in all wet areas, Butlers pantry, iron railing, extensive hardwood flooring. Covered patio. ECOBEE Smart thermostats, instant on water heater. digital access locks front & back. New heater and air exchange in attics. CAT-5e wires. Co-ax cable throughout house. Pictures to follow

Investor Tools

Property Icon
$509,000
Estimated Property Value
$259,779Estimated Mortgage Balance
$249,221Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,102/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,680
$434,106
2025
$100,000
$334,106
$434,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,680
$434,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$293,000
No
First
Jul 6, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,779
$249,221
48%
51%
$1,757/mo

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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6113 Falls Lake Road | Property Details | No Agent List