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$350,000

NAL Estimated Property Value

6428 Malvey Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.95 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Storage
Lot Size8,577 sqft

Building Information

Year Built1942
Stories1
Garage Spaces2

Land Information

APN34380-4-8
Lot Number8
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 4 LOT 8
Census Tract102401
Assessed Land Value$128,700
Assessed Improvement Value$210,405
Assessment Year2025

About this property

Located in the beautiful Ridglea North neighborhood just north of Camp Bowie, this updated 3 bedroom, 2 bathroom home is just what you've been waiting for! Updates include granite kitchen counter tops, plantation shutters, new windows, crown molding, custom built in cabinets in the living room, new HVAC system in 2018, new water heater, new 18x18 deck in the back yard, new roof, remodeled master bathroom and a California Closet in the master! Mature trees, a quiet neighborhood, turn key move in ready and easy access to everything Fort Worth, this home won't last long, so call to schedule your showing today!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$214,482Estimated Mortgage Balance
$135,518Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,834
$339,105
2025
$128,700
$210,405
$339,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,834
$339,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$245,470
Yes
First
Dec 9, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,482
$135,518
38%
61%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,472/mo
+$455/mo
6.6%

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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6428 Malvey Ave | Property Details | No Agent List