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$426,000

NAL Estimated Property Value

6224 Malvey Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.78 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Laminate, Wood

Exterior

Lot Size8,120 sqft

Building Information

Year Built1942
Stories1

Land Information

APN34380-2-6
Lot Number6
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 2 LOT 6
Census Tract102401
Assessed Land Value$121,830
Assessed Improvement Value$156,876
Assessment Year2025

About this property

Fully UPDATED home. PRICED TO SELL!!!!! Neutral colors. Good floor plan. Nice patio in back for entertaining. Great location, easy access to highways and shopping. Just a few minutes to downtown Fort Worth. Could be a great rental property as well. Rental rates in this area of town are excellent. Make your appointment today...

Investor Tools

Property Icon
$426,000
Estimated Property Value
$204,907Estimated Mortgage Balance
$221,093Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,618
$278,706
2025
$121,830
$156,876
$278,706
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,618
$278,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$232,064
No
First
May 4, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,907
$221,093
51%
48%
$1,392/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,392/mo
+$993/mo
6.7%

City: Fort Worth

6224 Malvey Avenue | Property Details | No Agent List