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$389,000

NAL Estimated Property Value

6452 Malvey Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,413 Sq Ft
price_per_sqft$273.18 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,492 sqft

Building Information

Year Built1942
Stories1

Land Information

APN34380-4-14
Lot Number14
SubdivisionRidglea North Addition
Land UseResidential
Legal DescriptionRIDGLEA NORTH ADDITION BLOCK 4 LOT 14
Census Tract102401
Assessed Land Value$142,380
Assessed Improvement Value$241,673
Assessment Year2025

About this property

Welcome to this charming updated cottage on a tree lined street in the well located & quaint Ridglea North neighborhood. This inviting home is on an oversized corner lot & features abundant natural light, a nice floor plan and beautiful hardwood floors. Great kitchen with gas cooktop, SS appliances, granite counters and pantry. The 3 bedrooms are split to create a private luxurious owner's ensuite complete with dual vanities, spa shower, heated floors and a custom fitted large walk-in closet. Two ample sized bedrooms share an updated hall bath. Entertain or just relax on the outdoor deck overlooking the spacious backyard. Check out the list of updates! Open house on Sat. 1-3pm & Sun. 2-4pm.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$350,617Estimated Mortgage Balance
$38,383Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,683
$384,053
2025
$142,380
$241,673
$384,053
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,683
$384,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$378,300
No
First
Jun 1, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,617
$38,383
9%
90%
$2,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,269/mo
$-342/mo
5.9%

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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6452 Malvey Avenue | Property Details | No Agent List