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$378,350

NAL Estimated Property Value

6424 Welch Avenue, Fort Worth, TX, 76133

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.43 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size13,586 sqft

Building Information

Year Built1969
Stories1
Garage Spaces3

Land Information

APN45580-315-7
Lot Number7
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 315 LOT 7
Census Tract105512
Assessed Land Value$45,000
Assessed Improvement Value$333,350
Assessment Year2025

About this property

Charming 4-2-3 on a corner lot in well established wooded neighborhood. Home has 3 car garage, 4 beds and 2 baths that were tastefully remodeled. New Roof to be installed. Paint inside and out, granite, flooring, lighting, appliances, fixtures and much more new in August and September 2021. Master with beamed and vaulted ceiling. Master bath with built in dresser, dressing table, large vanity with double sinks and granite, huge shower with rain head and hand held and 2 large walk in closets. Open concept living and dining. Large kitchen and breakfast with built in hutch. Foundation work with lifetime warranty. This home is stunning and will not last long. Buyer to verify schools, room sizes and amenities.

Investor Tools

Property Icon
$378,350
Estimated Property Value
$341,039Estimated Mortgage Balance
$37,311Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,270 /month
Positive
Cash Flow Estimate:
$757 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,820
$378,350
2025
$45,000
$333,350
$378,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,820
$378,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$338,751
Yes
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,039
$37,311
9%
90%
$2,227/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,227/mo
$-207/mo
6.4%

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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6424 Welch Avenue | Property Details | No Agent List