Tarrant Value

4900 Penrose Ave, Fort Worth, TX 76116

1,470 sqft, built 1950, in Schmitt Addition. Appraised at $234,009 for 2026.

Tarrant County account 02434067

Likely too high

about $88,000

8 similar homes nearby point to a value about $88,000 lower than yours.

Appraised value$234,009
Similar homes$146,323
$87,686 gap · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$234,009
Tax year 2026 · after any cap, before exemptions
Living area
1,470 sqft
$159 per sqft
Year built
1950

Why we think so

Unequal assessment

Strong

6 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $99.54/sqft, which supports a value of $146,323.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 76116, Schmitt Addition, and Benbrook assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public TAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value stayed about the same, from $234,009 in 2025 to $234,009 in 2026.
  • Appraised value per square footThe current public record shows about $159 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Schmitt Addition neighborhood and ZIP 76116.
  • Neighborhood value signalAmong 1,163 residential records in the same neighborhood, the average appraised value is about $144 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +2.0% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 4100 Bonnie Dr, Fort Worth, TX 76116
    1,441 sqft | $100/sqft | built 1955 | Similar size (1,441 vs 1,470 sqft); Similar age (1955 vs 1950); Similar lot size (13,416 vs 12,765 sqft)
    $143,435
  • 4212 Bonnie Dr, Fort Worth, TX 76116
    1,510 sqft | $97/sqft | built 1954 | Similar size (1,510 vs 1,470 sqft); Similar age (1954 vs 1950); Similar lot size (13,780 vs 12,765 sqft)
    $146,254
  • 4213 Bonnie Dr, Fort Worth, TX 76116
    1,493 sqft | $97/sqft | built 1954 | Similar size (1,493 vs 1,470 sqft); Similar age (1954 vs 1950); Lot 12% smaller (11,250 vs 12,765 sqft)
    $145,288
  • 4408 Bonnie Dr, Fort Worth, TX 76116
    1,457 sqft | $211/sqft | built 1954 | Similar size (1,457 vs 1,470 sqft); Similar age (1954 vs 1950); Lot 14% smaller (10,922 vs 12,765 sqft)
    $307,338
  • 7820 Ewing Ave, Fort Worth, TX 76116
    1,497 sqft | $97/sqft | built 1955 | Similar size (1,497 vs 1,470 sqft); Similar age (1955 vs 1950); Lot 12% smaller (11,200 vs 12,765 sqft)
    $144,612

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

  • 7112 Culver Ave, Fort Worth, TX 76116
    October-2-2026 | 1,470 sqft | $228/sqft | built 1958 | Similar size (1,470 sqft); Moderate age difference (8 years newer); Sold after the valuation date
    $335,000
  • 7325 Aberdeen Dr, Fort Worth, TX 76116
    October-2-2026 | 1,380 sqft | $173/sqft | built 1951 | 6% size difference (1,380 sqft); Similar age (1951); Sold after the valuation date
    $239,000
  • 4801 Marks Pl, Fort Worth, TX 76116
    September-10-2026 | 1,436 sqft | $111/sqft | built 1954 | Similar size (1,436 sqft); Moderate age difference (4 years newer); Sold after the valuation date
    $159,000
  • 4807 Penrose Ave, Fort Worth, TX 76116
    September-11-2026 | 1,553 sqft | $122/sqft | built 1950 | 6% size difference (1,553 sqft); Similar age (1950); Sold after the valuation date
    $189,900
  • 8033 Pinewood Dr, Benbrook, TX 76116
    September-18-2026 | 1,567 sqft | $175/sqft | built 1960 | 7% size difference (1,567 sqft); Moderate age difference (10 years newer); Sold after the valuation date
    $275,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Tarrant Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

No change in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$234,009$00.0%
2025$234,009+$21,714+10.2%
2024$212,295+$19,300+10.0%
2023$192,995+$17,545+10.0%
2022$175,450+$15,950+10.0%
2021$159,500——
5-year total+$74,509+46.7%