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Fort Worth 76116 Bomber Heights
5065 Gilbert Drive
$200,000
● House - Off Market

5065 Gilbert Drive

Fort Worth, TX 76116
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,142 Ft²
$220,341
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Charming 3 Bedroom Home in Ridglea West! This home has beautiful hardwood flooring, a Freestanding Wood Burning Fireplace in a stone setting. The kitchen has new cabinets, countertops, and stainless steel appliances. Bathroom has been beautifully updated! Large backyard with covered patio.
Unit Size
1,142 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$175
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14688517)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Oct 28, 2021 Listed by Stegmeier Realty $200,000
Listed by Stegmeier Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 253
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,174
  • Total Building Area: 1,101
  • Gross Building Area: 1,101
  • Building Area: 1,101
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,101
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGLEA WEST ADDITION
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: RIDGLEA WEST ADDITION BLOCK 40 LOT 19

Neighborhood

  • School District Name: Fort Worth Independent School District
  • School Tax School District: FORT WORTH
  • Census Tract: 102302

Geography

  • Assessors Map Reference: 87-D
  • Account Number: 02437031
  • District: 026
  • Parcel: 02437031
  • Block: 40
  • Lot: 19
  • Municipality: FORT WORTH
  • Latitude: 32.699
  • Longitude: -97.4438

    Address

  • Full Address: 5065 Gilbert Dr
  • Address - House Number: 5065
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Fort Worth
  • Carrier Code: C010
  • 4-Digit Zip Code: 8921
  • Zip Code: 76116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,730
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.2708
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 222,294
  • High Value: 282,510
  • Low Value: 162,078

    Market Valuation

  • Market Total Value: $223,058
  • Market Land Value: $20,000
  • Market Improvement Value: $203,058

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,058
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $203,058

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D221379164
  • Previous Sale Recording Date: Apr 24, 2014
  • Previous Sale Contract Date: Apr 21, 2014
  • Previous Sale Amount: $72,600
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bomber Heights

Stats & Trends

Median Asking:

$187,000

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1116 ft²

Average Home Age

75.2 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6455 Waverly Way, Fort Worth, TX, 76116

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,728 ft²
6455 Waverly Way #A, Fort Worth, TX, 76116 Listing by Vallen Hintz

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lesley Stegmeier, Stegmeier Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14688517
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5065 Gilbert Drive built and last sold?
The property at 5065 Gilbert Drive was built in 1951 and last sold on Dec 17, 2021 for $1,025,700.
How much is this home worth?
The estimated value of the home located at 5065 Gilbert Drive is $202,708.
What are some comparable homes to 5065 Gilbert Drive?
There are currently no comparable homes to 5065 Gilbert Drive.
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