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$377,000

7029 Pinon St, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.5 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,439 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN34345-66-2
Lot Number2
SubdivisionRidglea Hills Addition
Land UseResidential
Legal DescriptionRIDGLEA HILLS ADDITION BLOCK 66 LOT 2
Census Tract102402
Assessed Land Value$50,000
Assessed Improvement Value$219,000
Assessment Year2025

About this property

This 3 bed, 2.5 bath home boasts stately curb appeal and has been beautifully updated inside and out! Located in the highly sought after Ridglea Hills Addition, just minutes from The Shops at Clearfork and Waterside dining area. The floor plan is open and bright with plenty of large windows. Updates include all new interior and exterior paint, flooring throughout, doors, light fixtures, and completely renovated kitchen and bathrooms. Those who love to cook and entertain will fall in love with the quartz counter tops in the kitchen as well as the new back splash, refinished cabinetry, and stainless steel appliances-refrigerator included! A half bath can be found off the living room, while bedrooms 1 and 2 share a jack and jill bathroom. The primary bedroom boasts an oversized walk in shower, walk in closet, and double vanity! Back yard is fenced for privacy with a large covered patio and plenty of established landscaping. Solar panels are completely paid off and included!

Investor Tools

Property Icon
$377,000
Estimated Property Value
$312,000Estimated Mortgage Balance
$73,802Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,044
$269,000
2025
$50,000
$219,000
$269,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,044
$269,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Conventional
$312,000
No
First
Oct 30, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,198
$73,802
19%
80%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,871/mo
+$56/mo
6.1%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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7029 Pinon St | Property Details | No Agent List