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Owner Contacts

$730,000

NAL Estimated Property Value

6309 Locke Ave, Fort Worth, TX, 76116

Off Market

3 Beds

3 Bath

2,750 Sq Ft

$263.64 / sqft

Built in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesSome Gas Appliances, Built In Gas Range, Convection Oven, Dishwasher, Disposal, Microwave, Plumbed For Gas, Vented Exhaust Fan, Wine Cooler

FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size10,820 sqft

Building Information

Year Built1942

Stories1

Garage Spaces2

Land Information

APN34380-14-19

Lot Number19

SubdivisionRidglea North Addition

Land UseResidential

Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 14 LOT 19

Census Tract102401

Assessed Land Value$162,360

Assessed Improvement Value$352,649

Assessment Year2025

About this property

Located in the heart of Ridglea North, this charming updated brick home is as beautiful on the inside as out. It is hard to beat this floorplan which offers 2 large living rooms w cathedral ceilings, dining room, oversized chef's kitchen w large eat-in island, 3 bedrooms +office & large primary suite. REAL hardwood floors throughout most of the home! Kitchen features tasteful sage green cabinets w plentiful storage, new quartz island, perimeter granite countertops, 36in gas range & farmhouse sink. Primary suite offers french doors to the backyard, large bathroom suite w dual vanities, garden tub, walk-in shower & large walk-in closet. One secondary bedroom features an ensuite bath w walk-in shower. Situated on nearly a quarter acre lot w circle drive, electric gated driveway and separately fenced backyard, this home offers large covered parking & large stone patio with pergola for all your outdoor activities. 2 new HVACs in '17 & '18. New roof '16.

Investor Tools

$730,000

Estimated Property Value

$0Estimated Mortgage Balance

$730,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,380 /month

Positive

Cash Flow Estimate:

$1,460 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,260/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,471

$515,009

2025

$162,360

$352,649

$515,009

Tax History

Year

Tax Paid

Assessed Value

2024

$11,471

$515,009

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$730,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,385/mo

N/A

+$2,385/mo

3.9%

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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