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$211,526

NAL Estimated Property Value

1108 E Richmond Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,166 Sq Ft
price_per_sqft$180.02 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range
FlooringHardwood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1930
Stories1

Land Information

APN39640-39-14
Lot Number14
SubdivisionSouthland Subdivision
Land UseResidential
Legal DescriptionSOUTHLAND SUBDIVISION BLOCK 39 LOT 14
Census Tract123500
Assessed Land Value$18,000
Assessed Improvement Value$193,526
Assessment Year2025

About this property

Located minutes from downtown Fort Worth, this charming 3 bedroom home has an impressive curb appeal with two trees framing the front yard. Recently painted exterior brick to modernize the home. The large living room and dining room make for an entertaining delight. The new kitchen boasts white cabinets and black granite countertops. Vinyl plank flooring throughout the main living areas and the bedrooms feature new carpet. Make this home yours just in time for the holidays. ALL NEW ELECTRIC, PLUMBING, INSULATION, ROOF, and HVAC. Buyers may be eligible for up to $7,500 in down payment and closing cost help from Bank of America.

Investor Tools

Property Icon
$211,526
Estimated Property Value
$186,982Estimated Mortgage Balance
$24,544Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,269 /month
Positive
Cash Flow Estimate:
$423 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,746
$211,526
2025
$18,000
$193,526
$211,526
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,746
$211,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$198,550
No
First
Mar 10, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,982
$24,544
11%
88%
$1,191/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,191/mo
+$736/mo
10.9%

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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1108 E Richmond Ave | Property Details | No Agent List