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$701,000

NAL Estimated Property Value

6309 Halifax Rd, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,805 Sq Ft
price_per_sqft$254.9 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Convection Oven, Dishwasher, Electric Range, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Plumbed For Ice Maker, Refrigerator, Trash Compactor
FlooringCarpet, Wood

Exterior

Lot Size15,703 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN34420-25-9R
Lot Number9R
SubdivisionRidgmar Addition
Land UseResidential
Legal DescriptionRIDGMAR ADDITION BLOCK 25 LOT 9R
Census Tract123002
Assessed Land Value$150,000
Assessed Improvement Value$485,278
Assessment Year2025

About this property

Beautiful newly updated ranch style home sitting on .36 acre. Located minutes from Downtown Fort Worth! Lounge in two spacious living areas with open kitchen concept and exposed wood beams. Oversized custom walk-in pantry with double restaurant style refrigerators. Two primary bedrooms include huge walk-in closets. Enjoy the warm fireplace while siting in the comfort of your bedroom. Gorgeous hardwood floors plus brand new carpet in all bedrooms. All three newly updated bathrooms feature unique fixtures and gorgeous tile. Tons of natural light throughout the home. Private electric gate leads to carport with workshop & storage area. Paved concrete space outside is perfect for kids to ride their bikes on. Large backyard with lush landscaping makes the perfect backdrop for parties and barbecues. Established neighborhood in a great location, easy access to I-30. Multiple offers received, highest and best to be sent by Monday 10:00am

Investor Tools

Property Icon
$701,000
Estimated Property Value
$604,613Estimated Mortgage Balance
$96,387Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,290 /month
Positive
Cash Flow Estimate:
$1,430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,861
$635,278
2025
$150,000
$485,278
$635,278
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,861
$635,278

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$650,000
No
First
Aug 3, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$604,613
$96,387
13%
86%
$3,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,898/mo
$-1,971/mo
3.3%

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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6309 Halifax Rd | Property Details | No Agent List