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Forest Hill 76119 Forest Oaks Forest Hill
5720 Spencer Street
$199,000
● House - Off Market

5720 Spencer Street

Forest Hill, TX 76119
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,218 Ft²
$978
Est. Monthly

About This Property

This 4-bedroom, 1-bath home is full of potential and perfect for first-time homebuyers or investors looking to add to their rental portfolio. Situated on a generous lot, the property features a large backyard-ideal for entertaining, gardening, or future additions. Inside, you'll find a functional layout with plenty of room to make it your own. With a little TLC, this home is ready to be transformed into your perfect space. Don't miss this opportunity to own in a well-established neighborhood with easy access to schools, shopping, and major highways. Come see the possibilities!
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

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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: 2 years ago (NTREIS #20984588)

Price History

Date / Event Date Event Price
Nov 6, 2025 Sold
Premium
Sold
Sep 24, 2025 In contract -
In contract
Jun 28, 2025 Listed by Blue Moon Realty Group LLC $199,000
Listed by Blue Moon Realty Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 1,218
  • Gross Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST OAKS ADDITION-FOREST HL
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: FOREST OAKS ADDITION-FOREST HL BLOCK 1 LOT 7

Neighborhood

  • School District Name: Fort Worth Independent School District
  • School Tax School District: FORT WORTH
  • Census Tract: 111103

Geography

  • Assessors Map Reference: 92-Q
  • Account Number: 00951684
  • District: 010
  • Parcel: 00951684
  • Block: 1
  • Lot: 7
  • Municipality: FOREST HILL
  • Latitude: 32.6747
  • Longitude: -97.2707

    Address

  • Full Address: 5720 Spencer St
  • Address - House Number: 5720
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: TX
  • City Name: Forest Hill
  • Carrier Code: C029
  • 4-Digit Zip Code: 6745
  • Zip Code: 76119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,218
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 233,813
  • High Value: 287,484
  • Low Value: 180,142

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $30,080
  • Market Improvement Value: $154,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,000
  • Assessed Land Value: $30,080
  • Assessed Improvements Value: $154,920

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 16, 2019
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: D219153440
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $90,000
  • 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 Forest Oaks Forest Hill

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$177

Below Asking

0.04%

Average Days on Market

75

Average Home Size

1220 ft²

Average Home Age

49 years

Currently For Sale

0 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 3208 Chalmette Court, Forest Hill, TX, 76140

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,639 ft²
3208 Chalmette Court, Forest Hill, TX, 76140 Listing by Christian Gonzalez-Cadiz

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Maria Martinez, Blue Moon Realty Group LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20984588
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5720 Spencer Street built and last sold?
The property at 5720 Spencer Street was built in 1957 and last sold on Jul 2, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 5720 Spencer Street is $0.
What are some comparable homes to 5720 Spencer Street?
There are currently no comparable homes to 5720 Spencer Street.
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