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$510,000

$530,000

6705 Hanover Rd, Fort Worth, TX, 76116

$599,327 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.17 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCeramic Tile, Concrete, Wood

Exterior

Private PoolPrivate Pool
Lot Size17,642 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN34345-7-2
Lot Number2
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 7 LOT 2
Census Tract102402
Assessed Land Value$112,907
Assessed Improvement Value$362,093
Assessment Year2025

About this property

Beautiful 3-bedroom, 2-bath home offering generous bedroom sizes and a flexible floor plan with multiple living and dining areas, perfect for both everyday living and entertaining. The remodeled kitchen features quartz countertops, a gas range, and a walk-in pantry, blending style and functionality. Additional upgrades include a tankless water heater, a new roof installed in June 2026, and a new pool pump motor. Situated on an expansive 0.4-acre lot, this property offers an amazing backyard retreat complete with a sparkling pool, spacious deck, large storage shed, and plenty of room to enjoy the outdoors. The home features a pier-and-beam foundation and is located within the highly sought-after Ridglea Hills Elementary school district. Combining thoughtful updates, abundant living space, and exceptional outdoor amenities, this home is ready for its next owner!

Investor Tools

$264,892Estimated Mortgage Balance
$261,208Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$599,326
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Kellie Bullinger

League Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,982
$475,000
2025
$112,907
$362,093
$475,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,982
$475,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas People Fcu
Conventional
$300,000
No
First
Jun 15, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,892
$259,108
49%
50%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,799/mo
+$128/mo
4.4%

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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6705 Hanover Rd | Property Details | No Agent List