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$725,000

6475 Fortune Rd, Fort Worth, TX, 76116

Under ContractInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,422 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$299.34 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Ice Maker, Indoor Grill, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Other
FlooringCarpet, Concrete, Wood

Exterior

Exterior FeaturesAwning(s), Courtyard, Lighting, Playground
Lot Size14,998 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN34315-60-7
Lot Number7
SubdivisionRidglea Addition
Land UseResidential
Legal DescriptionRIDGLEA ADDITION BLOCK 60 LOT 7
Census Tract102402
Assessed Land Value$110,000
Assessed Improvement Value$320,000
Assessment Year2025

About this property

Discover timeless Mid-Century Modern style in the heart of Ridglea, where classic architecture meets thoughtful modern updates on an exceptional nearly half-acre lot. This beautifully renovated residence offers 3 bedrooms, 2 full baths, 1 half bath, multiple living and dining spaces, a dedicated office, and flexible bonus rooms designed to adapt to your lifestyle. A welcoming front courtyard creates a private retreat and sets the tone for the home's distinctive design. Inside, rich birch hardwood floors, fresh interior and exterior paint, and an abundance of new windows fill the home with warmth and natural light while preserving its distinctive Mid-Century character. Designed for both entertaining and everyday living, the home features expansive living and dining areas that flow seamlessly into the updated chef’s kitchen. Outfitted with a premium appliance suite, built-in refrigerator, gas range, commercial-grade vent hood, pot filler, marble dolomite countertops, the kitchen is functional and beautiful. The spacious primary suite has a beautifully updated ensuite bath, while all bathrooms feature luxurious radiant heated floors for year-round comfort. A dedicated office provides the perfect work-from-home environment, and versatile bonus rooms offer endless possibilities. Significant recent improvements provide peace of mind, including a new roof, windows and hot water heaters. Outside, the nearly half-acre lot offers exceptional space to relax, play, and entertain. A custom backyard “teen fort” creates a unique gathering space, while the electric gate enhances privacy and security. A storage shed provides additional room for tools, hobbies, and outdoor equipment. Combining iconic Mid-Century Modern architecture, extensive updates, flexible living spaces, and an oversized lot in one of Fort Worth’s most desirable neighborhoods, this exceptional Ridglea property offers a rare opportunity to enjoy both style and substance in a truly one-of-a-kind setting.

Investor Tools

Property Icon
$613,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$251,913Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Amy Chairez

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,088
$430,000
2025
$110,000
$320,000
$430,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,088
$430,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$400,000
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,791
$251,209
40%
59%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,399/mo
$-472/mo
3.8%

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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6475 Fortune Rd | Property Details | No Agent List