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$445,000

NAL Estimated Property Value

6932 Bal Lake Drive, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.18 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Range, Microwave, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size12,598 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN34345-28-13
Lot Number13
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 28 LOT 13
Census Tract102402
Assessed Land Value$110,000
Assessed Improvement Value$247,866
Assessment Year2025

About this property

Modern Farmhouse design located in the beautiful neighborhood of Ridglea Hills! This west, inside loop location is perfect to access Camp Bowie, 820, 183 or Chisholm Trail! Custom wood flooring flows throughout the whole home with ceramic tile in all 3 full bathrooms. 3 bedrooms with 2 en-suite bathrooms include updated tile surrounds. Spacious living with gorgeous picture window + cozy, brick walk around fireplace which helps to define the dining area with open kitchen featuring stainless appliances, granite counters & white painted cabinetry. Convenient, separate utility room just behind the custom barn door. French doors lead to the fabulous covered patio and large grassy area, perfect for everyone to enjoy!

Investor Tools

Property Icon
$445,000
Estimated Property Value
$332,681Estimated Mortgage Balance
$112,319Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$833/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,774
$357,866
2025
$110,000
$247,866
$357,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,774
$357,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$365,000
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,681
$112,319
25%
75%
$2,189/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,189/mo
$-262/mo
5.2%

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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6932 Bal Lake Drive | Property Details | No Agent List