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Residential Income Property with Balcony
For Sale
$59,900

5063 Ridglea Lane Unit 1006, Fort Worth, TX 76116

Upstairs unit with updated windows, window units, and a private balcony near transit, highways, shopping, dining, and entertainment.

Property Size853 SF
Price / SF$70.22
Days on Market190

Property Features for 5063 Ridglea Lane Unit 1006

General Information

Standard status Active
Size 853 SF
Property subtype Residential / Condo

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Amenities

balcony
Bedroom-Primary, 1, .00, .00, 0 x 0
Living Room, 1, .00, .00, 0 x 0
Electric, Wall/Window Unit(s)
Electric, Space Heater
No
Ceramic Tile
Dishwasher, Disposal, Electric Cooktop, Electric Oven
853.0
Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1
Cable TV Available, High Speed Internet Available
1
Composition
One
Bedroom-Primary, Master Bedroom, Living Room
Slab
Brick, Siding

Building Details

Year Built 1968
Listing Agency: RE/MAX Trinity
Listed By: Anthony Cole · License #0574491
Source: Compass
Added: Mar 13 Changed: Sep 17 Last Checked: Sep 16 at 8:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Trinity

Investment Insights

Based on property information with market context.

This upstairs residential income property provides 853 square feet of living space with ceramic tile, a dishwasher, disposal, electric cooktop, and electric oven. The unit also includes electric window air-conditioning units, an electric space heater, cable TV availability, and high-speed internet availability. A large balcony extends the usable living area, while newer windows and window units add to the unit’s current features. The property was built in 1968 and has a brick and siding exterior with a slab foundation.

A bus line is located at the corner of Vickery and Ridglea. The property also offers access to highways and toll roads, with shopping, dining, and entertainment nearby. New management and a new HOA board are in place for the complex.

Key Highlights

  • 853 SF upstairs unit with a large balcony
  • New windows and window units
  • Ceramic tile flooring

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Grocery & Convenience Store Nail Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 76116, TX

51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Upstairs unit with updated windows, window units, and a private balcony near transit, highways, shopping, dining, and entertainment.
Where is this residential income property located?
The property is located at 5063 Ridglea Lane Unit 1006 Fort Worth, TX.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 853 SF upstairs unit with a large balcony; New windows and window units; Ceramic tile flooring
More about this property
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