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$270,000

6432 Riverwater Trl, Fort Worth, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.94 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,663 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN24813-38-5
Lot Number5
SubdivisionMarine Creek Hills Addition
Land UseResidential
Legal DescriptionMARINE CREEK HILLS ADDITION BLOCK 38 LOT 5
Census Tract114012
Assessed Land Value$60,000
Assessed Improvement Value$200,038
Assessment Year2025

About this property

SUPER CUTE, WELL CONSTRUCTED HOME IN MARINE CREEK HILLS. Sitting up on high ground with a nice size back yard, this light and airy property makes for the ideal home. Perfect size with 3 bedrooms, 2 baths, and a 2 car garage. Long term tenants have been great and would love to stay, if agreeable with new owner, otherwise 60-day notice would be required. This is a LANDLORD’S DREAM COME TRUE! If kept as a rental unit, this tenant provides guaranteed rent with layers of protection for the landlord through the HUD’s housing assistance program. In a rocky market, with a possible correction coming, guaranteed rent is a nice addition to any investment portfolio. (See the “Myth-busting and Benefits Fact Sheet” posted with this listing.) -- BE SURE TO click the VIRTUAL TOUR link for a full, 3D virtual walk-through. You can look up at ceilings, down at floors, and move throughout as if you are there. Home needs a little updating and has been priced accordingly. HURRY! This one won’t last long!

Investor Tools

Property Icon
$260,038
Estimated Property Value
$243,000Estimated Mortgage Balance
$34,412Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,312
$260,038
2025
$60,000
$200,038
$260,038
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,312
$260,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$243,000
No
First
Jul 15, 2022
Aug 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,626
$34,412
13%
87%
$1,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,457/mo
+$1,253/mo
12.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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6432 Riverwater Trl | Property Details | No Agent List