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$226,000

NAL Estimated Property Value

6628 Ellis Rd, Fort Worth, TX, 76112

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,107 Sq Ft
price_per_sqft$198.74 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size7,680 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN25520-20-E
Lot NumberE
SubdivisionMeadowbrook Estates Addition
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES ADDITION BLOCK 20 LOT E
Census Tract106503
Assessed Land Value$50,000
Assessed Improvement Value$153,953
Assessment Year2025

About this property

Simply Gorgeous and ready for a new owner. Completely remodeled from top to bottom with an open floor plan, large treed front yard, and a back yard with a matching storage unit. All upgrades have been done to the bathrooms, flooring, elevated baseboards, additional shelving and closet space throughout for storage. Perfectly situated in a mature neighborhood with wide sidewalks for biking, pulling a red wagon, or walking the dog. The kitchen allows for family gatherings that can flow to the oversized back yard. Perfect for entertaining family and friends or staying in to relax and block out all outside noise. Seller credit of $2,500 to be used at the buyers discretion. Seller will do no additional repairs, fence will be repaired prior to closing, property is priced to sale. Welcome Home! Additional pictures coming soon.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$203,722Estimated Mortgage Balance
$22,278Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,083
$203,953
2025
$50,000
$153,953
$203,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,083
$203,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Finance Co
Stand Alone Second / Subordinate Position
$216,702
No
First
Feb 28, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,722
$22,278
9%
90%
$1,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,300/mo
+$627/mo
10.2%

City: Fort Worth

6628 Ellis Rd | Property Details | No Agent List