7629 Misty Ridge Dr N · Fort Worth, TX 76137

$259,900

3 bd · 2.0 ba · 1,471 sqft · SingleFamily public records · 123 Days on market

Built 1990 10,193 sqft lot $177/sqft · 6% below area Est $275k · 6% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +10.9/30.0
• ARV discount +10.0/15.0
• Schools +4.8/10.0
• Livability +4.0/5.0
• DSCR +3.2/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this spacious 3-bedroom, 2-bath home located in the desirable Huntington Village addition in Keller ISD. Offering 1,471 sq ft of living space, this property is being sold as is, providing a great opportunity for buyers to add their personal touch. Please note, the owner has never lived in the home.The heart of the home is the generous living room, featuring a striking rock fireplace — perfect for cozy evenings or entertaining guests. The large primary bedroom measures an impressive 15’ x 18’ and boasts its own inviting fireplace, creating a private and comfortable retreat. Whether you’re a first-time buyer, investor, or someone looking to customize a home to your tastes, this property has tons of potential. Don’t miss your chance to own in a well-established neighborhood with convenient access to local amenities. Buyers and Buyers Agents to verify all information.

Key facts

• Convenient access
• Rock fireplace
• Generous living room

Tags

• ROCK FIREPLACE
• GENEROUS LIVING ROOM
• WELL-ESTABLISHED NEIGHBORHOOD
• CONVENIENT ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-112 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (7.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (24.1% below list).
• Recommended offer: $197k (24.1% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.9% in Fort Worth — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D+, crime F.
• Keller ISD (urban): math 50% / reading 54% proficiency, ranked #91 of 826 in TX (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
• Market conditions: Rents soft (-1.4%/yr); 213 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 123 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $197,171 (24.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 123 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.85%
• DSCR: 0.92
• GRM: 11.0

CMA / ARV

• ARV (median comp): $275,062
• List price: $259,900
• Delta: -5.51%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4232 Staghorn Cir N	0.64mi	3/2.0	1,470 (-0%)	2mo	$284,900	$194	69
4637 Feathercrest Dr	0.17mi	3/2.0	1,272 (-14%)	3mo	$270,000	$212	67
4617 Bracken Dr	0.17mi	3/2.0	1,263 (-14%)	2mo	$280,000	$222	67
4804 Davy Crockett Trl	0.57mi	3/2.0	1,512 (+3%)	3mo	$315,000	$208	66
4657 Misty Ridge Dr	0.21mi	3/2.0	1,681 (+14%)	1mo	$310,000	$184	66
4016 Bristlecone Ln	0.53mi	3/2.0	1,583 (+8%)	1mo	$295,000	$186	62
4104 Huckleberry Dr	0.68mi	3/2.0	1,528 (+4%)	1mo	$310,000	$203	61
4748 Moss Rose Dr	0.70mi	3/2.0	1,416 (-4%)	1mo	$260,000	$184	60
4673 Rincon Way	0.69mi	3/2.0	1,581 (+8%)	2mo	$325,000	$206	54
7958 Crystal Creek Cir	0.71mi	3/2.0	1,614 (+10%)	1mo	$335,000	$208	49
4124 Buckwheat St	0.64mi	3/2.0	1,677 (+14%)	2mo	$299,900	$179	45
8001 Berkshire Dr	0.75mi	3/2.0	1,659 (+13%)	2mo	$325,000	$196	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -22.5%
• Equity multiple: 0.24×
• Total profit: $-55,092
• Equity at exit: $38,752

10-year hold

• IRR: -26.0%
• Equity multiple: -0.10×
• Total profit: $-79,706
• Equity at exit: $22,471

Cash invested: $72,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76137

• Home prices YoY: -28.8%
• Rents YoY: -1.4%
• Active inventory: 213
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,972 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$199 /mo · $2,384/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $-112

Break-even live

Break-even rent $2,114

Max offer price $240,067

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,975
• Closing costs: $7,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4625 Goldrock Dr Fort Worth, TX	3.0	2.5	1712	$2,050	$1.20	43d	1	0.09mi
4653 Feathercrest Dr Fort Worth, TX	3.0	2.0	1272	$1,925	$1.51	18d	1	0.17mi
4652 Misty Ridge Dr Fort Worth, TX	3.0	2.0	1659	$1,900	$1.15	43d	1	0.22mi
4648 Birchbend Ln Fort Worth, TX	3.0	2.0	1322	$1,850	$1.40	21d	1	0.23mi
4300 Campion Ln Fort Worth, TX	3.0	2.0	1740	$2,250	$1.29	17d	1	0.27mi
4621 Riverpark Dr Fort Worth, TX	3.0	2.0	1238	$1,800	$1.45	10d	1	0.36mi
4612 Parkmount Dr Fort Worth, TX	4.0	2.0	1870	$2,215	$1.18	1d	1	0.39mi
4741 Birchbend Ln Fort Worth, TX	3.0	2.0	1313	$1,850	$1.41	13d	1	0.40mi
4208 Staghorn Cir S Fort Worth, TX	3.0	2.0	1470	$2,075	$1.41	7d	1	0.43mi
4105 Shagbark St Fort Worth, TX	3.0	2.0	1552	$1,895	$1.22	20d	1	0.46mi
7432 Blackthorn Dr Fort Worth, TX	3.0	2.0	1444	$1,995	$1.38	3d	1	0.51mi
7308 Bristlecone Ct Fort Worth, TX	3.0	2.0	1677	$2,061	$1.23	24d	1	0.52mi
4779 Wineberry Dr Fort Worth, TX	3.0	2.0	1188	$2,050	$1.73	43d	1	0.56mi
7916 Salmon Run Way Fort Worth, TX	3.0	2.0	1819	$2,500	$1.37	43d	1	0.56mi
7000 N Beach St Unit 7057 Fort Worth, TX	2.0	2.0	879	$1,504	$1.71	12d	1	0.59mi
7000 N Beach St Unit 7037 Fort Worth, TX	2.0	2.0	1050	$1,684	$1.60	43d	1	0.59mi
7000 N Beach St Unit 7023 Fort Worth, TX	2.0	2.0	1050	$1,741	$1.66	2d	1	0.59mi
7000 N Beach St Unit 7037 Fort Worth, TX	2.0	2.0	879	$1,504	$1.71	13d	1	0.59mi
7000 N Beach St Fort Worth, TX	2.0	2.0	971	$1,659	$1.71	43d	1	0.60mi
4020 Blue Flag Ln Fort Worth, TX	3.0	2.0	1454	$2,025	$1.39	14d	1	0.60mi
7321 Indiana Ave Fort Worth, TX	3.0	2.0	1805	$1,989	$1.10	43d	1	0.62mi
4017 Dogwood Ln Fort Worth, TX	3.0	2.0	1677	$2,000	$1.19	43d	1	0.63mi
4113 Pepperbush Dr Fort Worth, TX	3.0	2.0	1162	$1,795	$1.54	4d	1	0.63mi
4208 Staghorn Cir N Fort Worth, TX	3.0	2.0	1470	$2,075	$1.41	7d	1	0.65mi
4621 Rose of Sharon Ln Fort Worth, TX	3.0	2.0	1118	$1,800	$1.61	17d	1	0.69mi
7305 Shadow Bend Dr Fort Worth, TX	3.0	2.0	1362	$1,870	$1.37	43d	1	0.73mi
7204 Shadow Bend Dr Fort Worth, TX	3.0	2.0	1013	$1,940	$1.92	43d	1	0.74mi
7204 Shadow Bend Dr Fort Worth, TX	3.0	2.0	1013	$1,650	$1.63	13d	1	0.74mi
4716 Rose of Sharon Ln Fort Worth, TX	3.0	2.0	1176	$2,095	$1.78	14d	1	0.75mi
6960 N Beach St Fort Worth, TX	1.0–3.0	1.0–2.0	908	$1,929	$2.12	1d	33	0.76mi
3728 Flintwood Trl Fort Worth, TX	2.0	1.0	1048	$1,850	$1.77	4d	1	0.77mi
6901 N Beach St Fort Worth, TX	1.0–3.0	1.0–2.0	855	$1,596	$1.87	43d	1	0.79mi
3728 Staghorn Cir S Fort Worth, TX	3.0	2.0	1104	$1,700	$1.54	3d	1	0.79mi
7009 Shadow Bend Dr Fort Worth, TX	3.0	2.0	1044	$1,900	$1.82	14d	1	0.80mi
7116 Wayfarer Trl Fort Worth, TX	3.0	2.0	1295	$1,796	$1.39	18d	1	0.82mi
6921 Black Wing Dr Fort Worth, TX	3.0	2.0	1508	$2,025	$1.34	2d	1	0.83mi
4066 Tulip Tree Dr Fort Worth, TX	3.0	2.0	1722	$2,045	$1.19	7d	1	0.83mi
4066 Tulip Tree Dr Fort Worth, TX	3.0	2.0	1722	$2,045	$1.19	3d	1	0.83mi
4241 Iris Ave Fort Worth, TX	3.0	2.0	1421	$1,975	$1.39	24d	1	0.84mi
6806 Silver Sage Dr Fort Worth, TX	3.0	2.0	1500	$2,100	$1.40	43d	1	0.84mi

Listing history 21 events

1. 2026-06-18
   days on market $259,900 Active 123 DOM
2. 2026-06-17
   days on market $259,900 Active 122 DOM
3. 2026-06-16
   days on market $259,900 Active 121 DOM
4. 2026-06-15
   days on market $259,900 Active 120 DOM
5. 2026-06-13
   days on market $259,900 Active 118 DOM
6. 2026-06-09
   days on market $259,900 Active 114 DOM
7. 2026-06-08
   days on market $259,900 Active 113 DOM
8. 2026-06-07
   days on market $259,900 Active 112 DOM
9. 2026-06-04
   days on market $259,900 Active 109 DOM
10. 2026-06-03
    days on market $259,900 Active 108 DOM
11. 2026-06-02
    days on market $259,900 Active 107 DOM
12. 2026-06-01
    days on market $259,900 Active 106 DOM
13. 2026-05-31
    days on market $259,900 Active 105 DOM
14. 2026-02-05
    listed $259,900 Active 919-char remark

    Show marketing remark (919 chars)

    Welcome to this spacious 3-bedroom, 2-bath home located in the desirable Huntington Village addition in Keller ISD. Offering 1,471 sq ft of living space, this property is being sold as is, providing a great opportunity for buyers to add their personal touch. Please note, the owner has never lived in the home.The heart of the home is the generous living room, featuring a striking rock fireplace — perfect for cozy evenings or entertaining guests. The large primary bedroom measures an impressive 15’ x 18’ and boasts its own inviting fireplace, creating a private and comfortable retreat. Whether you’re a first-time buyer, investor, or someone looking to customize a home to your tastes, this property has tons of potential. Don’t miss your chance to own in a well-established neighborhood with convenient access to local amenities. Buyers and Buyers Agents to verify all information.

15. 2025-12-18
    historical
16. 2025-07-18
    listed $279,900 Active
17. 2004-12-30
    soldstatus
18. 2004-12-27
    soldstatus
19. 2004-11-29
    historical
20. 2004-11-29
    listed $109,000
21. 1990-11-02
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,384 · $199/mo
• Projected year-2 tax: $4,756 · $396/mo
• Expected delta: +$2,372/yr (+$198/mo · 99.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,661
• − Mortgage interest: −$14,558
• − Property taxes: −$2,384
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,893
• − Management: −$1,893
• − Depreciation: −$7,561
• Taxable loss: −$5,928
• Est. tax savings @ 24.0%: +$1,423
• After-tax cash flow: $75/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Keller ISD
• NCES district ID: 4825260
• Math proficiency: 50% ▼ -14.00%
• Reading proficiency: 54% ▼ -9.00%
• Median HH income: $92,106
• Composite: 48.46/100
• National rank: #2131
• State rank: #91 of 826 in TX

Livability — Fort Worth

• Score: 80/100
• State rank: #49
• US rank: #1954

Category grades

Amenities A+ Commute A Cost of living A+ Crime F Employment B- Housing A+ Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Worth, TX
• County: Tarrant County · 2,033,669 people
• City population: 911,619
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 60,352
• Household income: $90,718
• Rent vs Own: 41.4% rent · 58.6% own
• Severe rent burden: 1857.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 46% Hispanic / Latino 24% Black 15% Two or more races 13% Asian 10%
• Hispanic origin (detail): Mexican 18% Puerto Rican 1%
• Common ancestry: Italian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 16% · Canada, Vietnam, South Korea
• Languages at home: 74% English-only · Spanish 15% Other Indo-European 4% Vietnamese 2%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.62%
• Current HPI: 268.8753
• Rent YoY: ▼ -1.37%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+138.4% since first listed

8 events — show timeline

• 2026-02-05 Listed $259,900 NTREIS
• 2025-12-18 Listing Removed — NTREIS
• 2025-07-18 Listed $279,900 NTREIS
• 2004-12-30 Sold (Public Records) — Public Records
• 2004-12-27 Sold (MLS) — NTREIS
• 2004-11-29 Listed $109,000 NTREIS
• 2004-11-29 Listing Removed — NTREIS
• 1990-11-02 Sold (Public Records) — Public Records

Property tax history

+0.4%/yr

Latest (2025): $2,384 · -59.1% YoY. Source: county tax records.