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$327,000

NAL Estimated Property Value

6417 Malvey Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,459 Sq Ft
price_per_sqft$222.76 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Convection Oven, Plumbed For Ice Maker, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesOther
Lot Size7,619 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN34380-5-26
Lot Number26
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 5 LOT 26
Census Tract102401
Assessed Land Value$114,300
Assessed Improvement Value$193,700
Assessment Year2025

About this property

Perfect Ridglea North dollhouse with magnificent master bath and closet! Kitchen has a Viking range and dishwasher, abundant storage and natural light from the corner windows. Hardwood floors. two bedrooms plus an office! Master bath is to die for! Marble floors and counter, oversize shower, amazing storage and walk-in closet in addition to two closets in the master bedroom! Outdoor cabana with sliding windows, air conditioning and a sink, perfect for outdoor entertaining. Inviting backyard you won't want to leave! Mature trees in good health with cable supports. Rinnai tankless water heater installed in 2018.

Investor Tools

Property Icon
$327,000
Estimated Property Value
$282,083Estimated Mortgage Balance
$44,917Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$741/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,254
$308,000
2025
$114,300
$193,700
$308,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,254
$308,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$316,223
Yes
First
Oct 21, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,083
$44,917
13%
86%
$1,896/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,896/mo
$-440/mo
5.3%

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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