Last 24 Hours
$177,000
NAL Estimated Property Value6416 Vel Drive, Fort Worth, TX, 76112
Off Market
4 Beds
1 Bath
1,052 Sq Ft
$94.96 / sqft
Built in 1958Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesGas Range, Refrigerator
FlooringLaminate
Exterior
Lot Size8,059 sqft
Building Information
Year Built1958
Stories1
Garage Spaces1
Land Information
APN6630-18-10R
Lot Number10R
SubdivisionCarver Heights
Land UseResidential
Legal DescriptionCARVER HEIGHTS BLOCK 18 LOT 10R
Census Tract101302
Assessed Land Value$24,180
Assessed Improvement Value$99,820
Assessment Year2025
About this property
Nice updated rental that would be a great investment. Fresh interior paint, roof, outside ac unit was replaced, new vinyl plank flooring, new stainless steel appliances etc. There is a long term tenant that has been there for 12 yrs. The rent is $1,200 a month.
Investor Tools
$177,000
Estimated Property Value
$0Estimated Mortgage Balance
$177,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,267
$124,000
2025
$24,180
$99,820
$124,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,267
$124,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$177,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
16.2%
12.4%