Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6201 Plz Pkwy Fort Worth, TX 76116-2012
    Back to Search
    Property profile & analytics

    6201 Plz Pkwy, Fort Worth, TX 76116-2012

    View on Map
    • Assisted living facilities
    • 73,915 SF
    • 3.12 lot acres
    Off-Market
    Property ID
    US82-0408512
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brookdale Westover Hills / Nursing Home / Retirement Community

    Property Details for 6201 Plz Pkwy

    Year built
    1999
    Lot size
    3.12 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    34440-2-D
    APU
    344402D

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2025 — Bkd Westover Hills LLC — Deed · related $4M · Pgim Real Estate Agency Financing LLC
    Feb 13, 2015 — Bkd Westover Hills LLC Nh Texas Properties LP Grant Deed —
    Jul 5, 2005 — Nh Texas Properties American Retirement Corp Warranty Deed —
    — — Arc Westover Hills LP — Deed Of Trust · related $7.2M · Guaranty Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $655,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $669,000
      Market price range: $529k - $1.58M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $1,055,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4203
    Latitude
    32.7375
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $109,744
    $679,535
    $4,170,465
    $4,850,000
    -
    $679,535
    $4,170,465
    $4,850,000

    Comparable in this City

    • Value Estimation
      $755,000
      70,895 SF

      8000 Calmont Ave

      HOMES (RETIRED, NURSING)
      8000 Calmont Ave, Fort Worth, TX 76116-3802
      View Details
    • Value Estimation
      $1,365,000
      154,871 SF

      6755 Ridgmar Blvd

      HOMES (RETIRED, NURSING)
      6755 Ridgmar Blvd, Fort Worth, TX 76116-1668
      View Details
    • Value Estimation
      $1,860,000
      230,766 SF

      2151 Grn Oaks Rd

      HOMES (RETIRED, NURSING)
      2151 Grn Oaks Rd, Fort Worth, TX 76116-1721
      View Details
    • Value Estimation
      $1,130,000
      162,059 SF

      3209 Trinity Vw Dr

      HOMES (RETIRED, NURSING)
      3209 Trinity Vw Dr, Fort Worth, TX 76116-0699
      View Details
    • Value Estimation
      $965,000
      61,867 SF

      6600 Lands End Ct

      HOMES (RETIRED, NURSING)
      6600 Lands End Ct, Fort Worth, TX 76116-2100
      View Details
    • Value Estimation by Request
      9,234 SF

      6917 Riv Park Cir

      HOMES (RETIRED, NURSING)
      6917 Riv Park Cir, Fort Worth, TX 76116
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,922 SF

      NNN Investment on Camp Bowie

      NNN leased to Loan Star Title Loans.
      8304 Camp Bowie Blvd W, Fort Worth, TX 76116
      View Details
    • Contact for pricing
      5,075 SF

      Fort Worth Office/Industrial Property

      Office or light industrial property with easy highway access.
      3300 Joyce Dr, Fort Worth, TX 76116
      View Details
    • Contact for pricing

      Land on Las Vegas Trail

      Land available for sale on Las Vegas Trail.
      3325 Las Vegas Trl, Fort Worth, TX 76116
      View Details
    • $345,000
      0.21 Acres

      Duplex with Gated Outdoor Space

      Well-updated two-unit duplex with a shared gated yard, refreshed interiors, and recent exterior upgrades for flexible ownership.
      2961 Marys Ln, Fort Worth, TX 76116
      View Details
    • $2,850,000
      5.73 Acres

      Creekside Residential Homesite Land

      Large gated-community homesite with direct backing along Mary’s Creek, offering privacy and room for a custom estate.
      8317 Marys Creek Dr, Benbrook, TX 76116
      View Details
    • New
      $660,000
      3,232 SF

      New Construction Duplex Income Property

      Two fully detached units each with three bedrooms, two-and-a-half baths, and a two-car garage.
      3111 Karen St, Fort Worth, TX 76116
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,476 SF

      Move-in Ready Primary Care Clinic

      Second generation clinic with exam rooms and consultation offices.
      3401 Alta Mere Dr, Fort Worth, TX 76116
      View Details
    • Contact for pricing
      1,782 SF

      West Fort Worth Office Space

      Professional office space for lease in a desirable Fort Worth location.
      2921 Lackland Rd, Fort Worth, TX 76116
      View Details
    • Contact for pricing

      Retail Space on Camp Bowie

      Retail space available on Camp Bowie West Blvd.
      8744 Camp Bowie West Blvd, Fort Worth, TX 76116
      View Details
    • Contact for pricing

      Benbrook Blvd Commercial Property

      Commercial property with convenient access to major highways.
      4840 Benbrook Blvd, Benbrook, TX 76116
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space on Camp Bowie

      Retail space available for lease on Camp Bowie Blvd.
      8808 W Camp Bowie Blvd, Fort Worth, TX 76116
      View Details
    • Contact for pricing
      199 SF

      Retail & Office Space Available

      Retail and office spaces in iconic Fort Worth mixed-use center.
      6100 Camp Bowie Blvd, Fort Worth, TX 76116
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6201 Plz Pkwy
    Fort Worth, TX 76116-2012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6201 Plz Pkwy, Fort Worth, TX, 76116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!