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$479,900

6940 Bal Lake Dr, Fort Worth, TX, 76116

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,343 Sq Ft
price_per_sqft$204.82 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size12,598 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN34345-28-11
Lot Number11
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 28 LOT 11
Census Tract102402
Assessed Land Value$110,000
Assessed Improvement Value$249,279
Assessment Year2025

About this property

Welcome to your forever home in the highly sought-after Ridglea Hills neighborhood. This thoughtfully renovated property features a highly flexible layout specifically tailored for effortless family living and entertaining. The oversized front entry space easily transitions into a formal living area, large dining room, or a dedicated open-concept family zone. The functional kitchen opens directly into a secondary dining area and a warm family room anchored by a gas fireplace—perfect for a playroom or a cozy den to watch the kids. A separate bonus room easily transforms into a private home office, kids' crafting zone, or a convenient home fitness studio. The chef-inspired kitchen showcases soft-close cabinetry, striking arabesque tile backsplashes, granite countertops, and premium stainless-steel appliances accented by contemporary gold tones. Primary retreat features two generous walk-in closets and a magazine-worthy en-suite bathroom complete with a custom glass-tile shower, double vanity, and modern LED backlit mirrors. Bright secondary bedrooms flank a beautifully updated hall bathroom, with one bedroom boasting its own double walk-in closets for maximum storage. A fully gated and fenced backyard offers space for various activities, highlighted by a pergola-covered patio for weekend gatherings. Includes a massive 20x16 storage building, an attached carport, and unique, separated garage bays that offer the ultimate flexibility for a workshop, home gym, or extra vehicle storage. Move-in ready with brand-new insulation, durable, continuous vinyl wood flooring through all main living spaces, and abundant storage throughout. Enjoy seamless daily routines with quick access to Highway 183 and Vickery Boulevard, placing premier local retail, dining, and family entertainment right at your fingertips. Commuters will love the convenient 12-minute drive to the Texas Christian University campus. ALSO AVAILABLE FOR LEASE.

Investor Tools

$362,671Estimated Mortgage Balance
$149,794Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,879 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Kate Asay

Asay Group Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$853/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,865
$359,279
2025
$110,000
$249,279
$359,279
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,865
$359,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hurst Real Estate Inc
Unknown
$367,500
No
First
Sep 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,671
$147,329
28%
76%
$2,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,204/mo
$-277/mo
4.9%

City: Fort Worth

6940 Bal Lake Dr | Property Details | No Agent List