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$215,000

5100 Melbourne Dr, Fort Worth, TX, 76114

PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.97 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size8,699 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN25340-11-14
Lot Number14
SubdivisionMays, Clyde W Addition
Land UseResidential
Legal DescriptionMAYS, CLYDE W ADDITION BLOCK 11 LOT 14
Census Tract100700
Assessed Land Value$52,212
Assessed Improvement Value$174,019
Assessment Year2025

About this property

Historic charmer ready for your updates. Open floor plan. The LR DR combo flows into the large family room and is open to the kitchen. Extra wide bathroom, and 3rd space that may be used as an office in addition to two bedrooms. Corner lot with 2 car detached garage. Near all of the amenities, cafes, shops, and restaurants along White Settlement Road.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$262,500Estimated Mortgage Balance
$45,642Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$469
$226,231
2025
$52,212
$174,019
$226,231
No

Tax History

Year
Tax Paid
Assessed Value
2025
$469
$226,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$262,500
No
First
Oct 28, 2019
Apr 2087

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,837
$46,163
16%
84%
$1,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,298/mo
+$158/mo
6.4%

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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5100 Melbourne Dr | Property Details | No Agent List