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$345,000

NAL Estimated Property Value

6133 Malvey Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,435 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.99 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Water Heater
FlooringTile, Wood

Exterior

Lot Size7,858 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN34380-8-22
Lot Number22
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 8 LOT 22
Census Tract102401
Assessed Land Value$117,900
Assessed Improvement Value$205,100
Assessment Year2025

About this property

With original charm and style, this adorable home in highly-coveted Ridglea North is move-in ready. With a large front porch, original hardwoods, Saltillo tile in kitchen and master and updated bathrooms, this 3 bedroom, 2 bathroom, 1 car garage is a perfect place to call home. Mature trees cover the property providing incredible shade coverage, especially in the backyard. Located just a few blocks from Bernie Park and a variety of restaurants and shopping at the Shops of Ridglea off Camp Bowie Blvd. Very convenient location to anywhere in the central part of the City as you just hop onto East Ln and you are on the I-30 service road. New dishwasher and hot water heater in 2020. French drains on side yard and in backyard. Roof was replaced in 2016.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$506,016Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,137
$323,000
2025
$117,900
$205,100
$323,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,137
$323,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$272,000
No
First
Aug 3, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,016
N/A
0%
147%
$3,262/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,262/mo
$-1,335/mo
6.7%

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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6133 Malvey Ave | Property Details | No Agent List