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$175,000

NAL Estimated Property Value

1032 W Spurgeon St, Fort Worth, TX, 76115

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.33 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Cooktop
FlooringVinyl

Exterior

Lot Size4,996 sqft

Building Information

Year Built1922
Stories1

Land Information

APN39570-34-20
Lot Number20
SubdivisionSouth Side Addition-Ft Worth
Land UseResidential
Legal DescriptionSOUTH SIDE ADDITION-FT WORTH BLOCK 34 LOT 20
Census Tract104702
Assessed Land Value$30,000
Assessed Improvement Value$137,104
Assessment Year2025

About this property

Welcome home! Perfect starter home for a first time home buyer! The home has been completely renovated and no detail was missed. The home features spacious 2 bedroom and 1 bath. Renovations include new roof, brand new kitchen cabinets, granite counter tops, stainless steel appliances, energy efficient front windows, back patio and so much more! Hurry and schedule a showing today before its gone!

Investor Tools

Property Icon
$175,000
Estimated Property Value
$151,808Estimated Mortgage Balance
$23,192Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,750
$167,104
2025
$30,000
$137,104
$167,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,750
$167,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$165,000
No
First
Feb 14, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,808
$23,192
13%
87%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$990/mo
+$466/mo
10.0%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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1032 W Spurgeon St | Property Details | No Agent List