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$307,000

1041 Bonnie Brae Avenue, Fort Worth, TX, 76111

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.7 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven
FlooringCarpet

Exterior

Lot Size6,974 sqft

Building Information

Year Built1946
Stories1
Garage Spaces1

Land Information

APN41210-A-8
Lot Number8
SubdivisionSylvania Park Addition
Land UseResidential
Legal DescriptionSYLVANIA PARK ADDITION BLOCK A LOT 8
Census Tract101202
Assessed Land Value$34,875
Assessed Improvement Value$213,715
Assessment Year2025

About this property

Check out this must see Historic fixer upper home on Majestic Bonnie Brae Avenue! Home features a living, dining, 3 spacious bedrooms and a sunroom. The large kitchen features a gorgeous Chambers copper stove and gas cooktop that was manufactured in Fort Worth. The backyard features a private oasis garden area with working fountain. This house is one of the few homes in the area that has a detached 2 car garage plus a carport, a workshop, and a fully functioning sprinkler system for the entire yard. This home has lots of features that were very custom built to homes in 1940s. Check out this must see investment opportunity, needs updating and is priced accordingly. Owner is broker.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$0Estimated Mortgage Balance
$96,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,578
$248,590
2025
$34,875
$213,715
$248,590
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,578
$248,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexus Series B Llc
Purchase Money Mortgage
$227,000
No
First
Jul 9, 2022
Aug 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,770
$96,230
31%
69%
$1,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,361/mo
+$566/mo
7.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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1041 Bonnie Brae Avenue | Property Details | No Agent List