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$1,834,000

6240 Westover Dr, Fort Worth, TX, 76107

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.83 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size19,445 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN34420-15-17
Lot Number17
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 15 LOT 17
Census Tract123002
Assessed Land Value$300,000
Assessed Improvement Value$282,243
Assessment Year2025

About this property

Set back on a circular driveway, this single-story Ridgmar home sits on almost half an acre, is surrounded by trees, and is situated on the cusp of Westover. 3-2-1 home has tasteful finishings and natural light throughout. Highlights include vaulted ceilings, hardwood floors, accent painting, updated bathrooms, wall-to-wall storage in the kitchen, multiple living spaces, private study or home office space, dual closets in master suite, private backyard with a deck, and a covered patio. Just minutes from both Shady Oaks and Rivercrest Country Clubs with easy access to I-30 and downtown Fort Worth. MUST SEE!

Investor Tools

Property Icon
$1,834,000
Estimated Property Value
$468,000Estimated Mortgage Balance
$1,413,183Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,004 /month
Positive
Cash Flow Estimate:
$3,668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,853/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,065
$582,243
2025
$300,000
$282,243
$582,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,065
$582,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$468,000
No
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,817
$1,413,183
77%
23%
$2,806/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$2,806/mo
$-296/mo
1.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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.

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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6240 Westover Dr | Property Details | No Agent List