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$270,000

NAL Estimated Property Value

1007 E Powell Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,692 Sq Ft
price_per_sqft$156.62 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Washer
FlooringCarpet, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN39640-35-34
Lot Number34
SubdivisionSouthland Subdivision
Land UseResidential
Legal DescriptionSOUTHLAND SUBDIVISION BLOCK 35 LOT 34
Census Tract123500
Assessed Land Value$18,000
Assessed Improvement Value$252,000
Assessment Year2025

About this property

PRICED TO SELL (945)-400-9955 This home is the perfect size for first time homebuyers, downsizers or investors looking for a newer rental property. This 2019 build is priced much lower than its new construction competitors for those that still want a newer home with a lower monthly payment. This 3 bed 2 bath has a very open floor plan with spacious bedrooms. The huge main living area has plenty of room for entertaining and relaxing and offers large windows for plenty of natural light. Kitchen features an island with a dual sink, electric range, microwave, and roomy pantry. Primary suite has room for a sitting area and an en suite with a walk in shower. Large backyard is great for children, pets and and has a patio for grilling during those big family parties. Centrally located and minutes away from Morningside Elementary. Prime Location, only 8 minutes from downtown and close to the TCU area with shopping and restaurants. Close to the Trinity Trail and Fort Worth Zoo.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$261,880Estimated Mortgage Balance
$8,120Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,428
$270,000
2025
$18,000
$252,000
$270,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,428
$270,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$265,109
Yes
First
Aug 9, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,880
$8,120
3%
97%
$1,654/mo

Learn About the Market: Opportunity in Fort Worth

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Explore

Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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1007 E Powell Ave | Property Details | No Agent List