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$331,771

6116 Walla Avenue, Fort Worth, TX, 76133

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.1 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Marble, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size12,097 sqft

Building Information

Year Built1966
Stories1
Garage Spaces1

Land Information

APN45580-89-27
Lot Number27
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 89 LOT 27
Census Tract105503
Assessed Land Value$40,000
Assessed Improvement Value$291,771
Assessment Year2025

About this property

An exquisite property in the heart of Wedgwood, with details only found in higher priced properties. The open floor plan allows the new owners multiple ways to live and entertain. Updates were done utilizing the finest in workmanship and materials to satisfy the discerning eye. The chef's kitchen features 62 square feet of marble countertops, 6 burner gas range, and double ovens with warming drawer. 143 linear feet of floor-to-ceiling cabinetry with 6 panel revolving pantry. There's no lack of storage here! 4th bedroom could easily be utilized as a home office. Low maintenance landscaping with two private gardens, seating areas with hundreds of flowers, and drip irrigation system. Large rear deck is perfect for grilling, entertaining, or just enjoying the zen of the back yard. AC about 5 years old. Roof is 5 years old. This one is definitely priced to sell. Don't miss out on your chance to own this unique property! DISCLAMER: House is vacant. Some images have been virtually staged.

Investor Tools

Property Icon
$331,771
Estimated Property Value
$0Estimated Mortgage Balance
$52,259Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,991 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,641
$331,771
2025
$40,000
$291,771
$331,771
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,641
$331,771

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$289,000
No
First
Jul 18, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,512
$52,259
15%
84%
$1,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,733/mo
+$287/mo
7.3%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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6116 Walla Avenue | Property Details | No Agent List