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$397,000

NAL Estimated Property Value

6905 Meadowside Rd S, Fort Worth, TX, 76132

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,115 Sq Ft
price_per_sqft$197.64 / sqft
Year BuiltBuilt in 1996

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 Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,971 sqft

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN33227-1-51
Lot Number51
SubdivisionQuail Ridge Estates Addition
Land UseResidential
Legal DescriptionQUAIL RIDGE ESTATES ADDITION BLOCK 1 LOT 51
Census Tract105518
Assessed Land Value$75,000
Assessed Improvement Value$320,750
Assessment Year2025

About this property

Back on the market at no fault of the home. This charming one level home is nestled on a tree shaded lot in beautiful Quail Ridge Estates. The open concept living and dining area is spacious and comfortable with abundant natural light from many windows. The cozy library has a wall of bookshelves, and could also serve as an office. The large covered back porch provides a peaceful and private space for relaxing with plenty of space for kids and pets. The oversized garage has a workshop or storage area. Quail Ridge Estates is near private schools, as well as many restaurants, retail and medical facilities. It is easily accessible to I20 and the Chisholm Trail Parkway. The sellers have loved living here for many years. Now the home is ready for new owners to make it their own! Buyer will need to purchase a survey if needed.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$247,991Estimated Mortgage Balance
$149,009Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,095
$395,750
2025
$75,000
$320,750
$395,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,095
$395,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$256,000
No
First
Aug 2, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,991
$149,009
37%
62%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,050/mo
$1,535/mo
+$515/mo
6.2%

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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6905 Meadowside Rd S | Property Details | No Agent List