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$334,000

NAL Estimated Property Value

6316 Peggy Drive, Fort Worth, TX, 76133

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,524 Sq Ft
price_per_sqft$93.11 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,656 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN47690-7-26
Lot Number26
SubdivisionWoodmont Addition
Land UseResidential
Legal DescriptionWOODMONT ADDITION BLOCK 7 LOT 26
Census Tract105703
Assessed Land Value$35,000
Assessed Improvement Value$299,000
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE TO SUBMIT: THURSDAY, JANUARY 21st AT 6:00PM. 6316 and 6318 Peggy Drive is a sturdy duplex with two 3-bedroom 2-bathroom apartments. The property is within walking distance of Westcreek Park and South Hills HS, with quick access to Highway 20. Each apartment has a fireplace, a fenced-in backyard, and a one car garage plus driveway parking. 6316 is currently leased through November, 2021 at a rate of $1,185 per month. 6318 is currently leased through September, 2022 at a rate of $1,080 per month. Roof was replaced in August 2018.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$170,280Estimated Mortgage Balance
$163,720Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,495
$334,000
2025
$35,000
$299,000
$334,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,495
$334,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$189,000
No
First
Mar 3, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,280
$163,720
49%
51%
$1,134/mo

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.

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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6316 Peggy Drive | Property Details | No Agent List