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$414,000

NAL Estimated Property Value

6928 Bal Lake Dr, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.78 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringHardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size12,598 sqft

Building Information

Year Built1958
Stories1
Garage Spaces2

Land Information

APN34345-28-14
Lot Number14
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 28 LOT 14
Census Tract102402
Assessed Land Value$110,000
Assessed Improvement Value$160,417
Assessment Year2025

About this property

Beautiful ranch style home located across the street from Bal Lake in the popular, Ridglea Hills neighborhood. Don’t miss out on this rare opportunity! Sit on your large front porch with a view of Bal Lake peaking through the trees. This 3 bed 2 bath floor plan is spacious with tons of new updates including new windows throughout most of the home allowing tons of bright sunlight throughout. Gorgeous hardwood floors along with a newly updated guest bathroom tile, fixtures and bright neutral paint. Recently updated laundry cabinets, tile, fixtures. Enjoy cooking in your kitchen with a view of the back yard from your kitchen window, granite counter tops and clean steel appliances. The new wood doors and trim gives a bold and quality touch! All of this, plus spacious closets, updated electrical, sprinkler system and recently updated AC!! You will entertaining in the huge backyard with recently added patio and concrete slab. Multiple offers, highest & best to be sent by Mon. 3-20 2:00.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$0Estimated Mortgage Balance
$414,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,357
$270,417
2025
$110,000
$160,417
$270,417
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,357
$270,417

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$414,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
5.6%

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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6928 Bal Lake Dr | Property Details | No Agent List