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Owner Contacts

$492,000

NAL Estimated Property Value

6164 Malvey Ct, Fort Worth, TX, 76116

Off Market

3 Beds

3 Bath

2,066 Sq Ft

$251.65 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan

FlooringCeramic Tile, Laminate, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting, Private Yard

Lot Size8,316 sqft

Building Information

Year Built1956

Stories1

Garage Spaces1

Land Information

APN34380-1-12

Lot Number12

SubdivisionRidglea North Addition

Land UseResidential

Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 1 LOT 12

Census Tract102401

Assessed Land Value$124,740

Assessed Improvement Value$338,042

Assessment Year2025

About this property

Remodeled Ridglea North Craftsman Home Built in 1956 with Lots of Character. Attention to Every Detail is Evident Throughout this Inviting Home. Hardwood Floors, Statement Wall with Paneling, Updated Windows, Amazing Cabinetry & Trim Work Finish-out are a Few of the Amenities. Entertainer's Delight with an Easy Flow Indoor & Outdoor Space, Double Glass Doors leading out to the Large Covered Patio with String Lights, Pool & Spa Area, Instagram Worthy Pergola - Firepit Area in the Private Backyard. Updated Chef's Kitchen Equipped with a Gas Cooktop, Bosch Appliances, Quartz Counters, Lovely Built-in Hutch & Trendy Chevron Backsplash. Three Split Bedrooms all with Bathroom with One Bathroom that Doubles as the Pool Bath. Oversized Living Room with Gorgeous Stone WBFP & Tiled Hearth. Tankless Water Heater, Owned Solar Panels, French Drain System, Gutters & Foundation Repairs with Documentation.

Investor Tools

$492,000

Estimated Property Value

$412,940Estimated Mortgage Balance

$79,060Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,119 /month

Positive

Cash Flow Estimate:

$1,040 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,070/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,384

$462,782

2025

$124,740

$338,042

$462,782

Tax History

Year

Tax Paid

Assessed Value

2024

$10,384

$462,782

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$425,600

First

Sep 18, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$412,940

$79,060

16%

84%

$2,552/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$2,552/mo

$-625/mo

4.7%

Learn About the Market: Opportunity in Fort Worth

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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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