$239,812
NAL Estimated Property Value1115 E Ramsey Ave, Fort Worth, TX, 76104
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesOther
Exterior
Lot Size5,998 sqft
Building Information
Year Built1939
Stories1
Garage Spaces1
Land Information
APN39640-33-22
Lot Number22
SubdivisionSouthland Subdivision
Land UseResidential
Legal DescriptionSOUTHLAND SUBDIVISION BLOCK 33 LOT 22
Census Tract123500
Assessed Land Value$36,000
Assessed Improvement Value$203,812
Assessment Year2025
About this property
Multiple offers Received! Highest and Best due by 7 pm Sunday September 17th! Your next project awaits! Two bedrooms with two massive living areas with TONS of revitalization in the neighborhood. The floorplan is open and inviting with tons of natural light. Close to Downtown Fort Worth and all major highways. CASH ONLY, NO BLIND OFFERS AND PROOF OF FUNDS MUST BE SENT WITH ALL OFFERS. As is no repairs. Do not change title company.
Investor Tools
$239,812
Estimated Property Value
$228,317Estimated Mortgage Balance
$11,495Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,047
$239,812
2025
$36,000
$203,812
$239,812
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,047
$239,812
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Va
$234,945
Yes
First
Oct 10, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,317
$11,495
4%
95%
$1,409/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,409/mo
+$47/mo
7.3%
