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Days333Days on Market
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$309,000

6120 Melanie Dr, Fort Worth, TX, 76131

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.57 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size5,497 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN307-16-19
Lot Number19
SubdivisionAlexandra Meadows
Land UseResidential
Legal DescriptionALEXANDRA MEADOWS BLOCK 16 LOT 19
Census Tract105008
Assessed Land Value$60,000
Assessed Improvement Value$249,643
Assessment Year2025

About this property

Currently leased through December 2025 at $1900.00 per month. Beautifully maintained, DR Horton build. with 3 bedroom, 2 full bath, living room with fireplace, kitchen with skylight island & granite countertops, and flex space for den, 2nd living room or office. 2-car garage with additional driveway parking. Backyard with covered porch and wood fence. Excellently located in north Fort Worth within the friendly Alexandra Meadows subdivision. Walking distance to subdivision resident only community pool, playground, all purpose sports court with basketball hoop, and walking trails. Located near major thoroughfares Interstate 35W, Fort Worth Loop 820, and FM 156 - Blue Mound Rd, and located to smaller thoroughfares Mark IV, Western Center, and Basswood making easy access to shopping, dining, schools, entertainment, medical, and work commute.

Investor Tools

$0Estimated Mortgage Balance
$309,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,858 /month
Positive
Cash Flow Estimate:
$619 /month

Interested in this property?

Lily Moore

Great Western Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,516
$309,643
2025
$60,000
$249,643
$309,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,516
$309,643

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$309,643
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$420/mo
+$2,250/mo
10.3%

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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6120 Melanie Dr | Property Details | No Agent List