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Owner Contacts

$267,000

NAL Estimated Property Value

6145 Shad Dr, Fort Worth, TX, 76179

Off Market

3 Beds

2 Bath

1,517 Sq Ft

$183.92 / sqft

Built in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesGarden

Lot Size6,094 sqft

Building Information

Year Built2006

Stories1

Garage Spaces2

Land Information

APN24819-Q-5-70

Lot Number5

SubdivisionMarine Creek Ranch Addition

Land UseResidential

Legal DescriptionMARINE CREEK RANCH ADDITION BLOCK Q LOT 5

Census Tract114010

Assessed Land Value$70,000

Assessed Improvement Value$172,000

Assessment Year2025

About this property

This fabulous home features stunning curb appeal with expert landscaping that would make any neighbor jealous, a welcoming entry and an ideal layout featuring an open concept with split bedrooms. The main living area offers gathering space for lots of seating & tall ceilings with lots of natural sunlight plus dining & kitchen zones all in one! Also offers spacious bedrooms, a gourmet kitchen featuring ample counter space, modern tile backsplash & SS appliances. The master suite features an over sized ensuite bathroom, relaxing soaking tub, a stand alone shower & ample-sized walk in closet. The large back yard comes complete with a stunning view of beautifully landscaped yard and a dedicated, matured gardening space! This amazing home is conveniently located with access to major highways, restaurants, shopping establishments, parks! Updates also include beautiful ceramic tile wood looking flooring, fixtures, paint, NEW water heater, New master vanity, NEW dishwasher, HVAC updated in 2020 and SOLAR powered energy!

Investor Tools

$267,000

Estimated Property Value

$181,713Estimated Mortgage Balance

$85,287Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,674 /month

Positive

Cash Flow Estimate:

$558 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$454/month

$198/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,118

$242,000

2025

$70,000

$172,000

$242,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,118

$242,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lakeview Loan Servicing Llc

Fha

$190,095

Yes

First

Feb 8, 2020

Mar 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$181,713

$85,287

31%

68%

$1,239/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$1,437/mo

+$1,273/mo

12.2%

Learn About the Market: Opportunity in Fort Worth

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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.

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