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$237,000

NAL Estimated Property Value

1205 E Richmond Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven
FlooringLaminate, Vinyl

Exterior

Lot Size7,196 sqft

Building Information

Year Built1928
Stories1

Land Information

APN18100-47-29-30
Lot Number29
SubdivisionHighland Park Addition-Ft Wth
Land UseResidential
Legal DescriptionHIGHLAND PARK ADDITION-FT WTH BLOCK 47 LOT 29 29-E10'30 BLK 47
Census Tract123500
Assessed Land Value$21,600
Assessed Improvement Value$82,722
Assessment Year2025

About this property

DUPLEX beautifully remodeled, move-in ready duplex. New flooring throughout. This full duplex offers two sides of opportunity, BOTH SIDES VACANT READY FOR NEW TENANTS. 5 BEDROOMS 2 BATHROOMS. Perfect for the visionary buyer, this property is an ideal house hacking opportunity. The large backyard adds extra appeal with room for future covered parking, storage, or even a garden retreat. Whether you are an investor looking to add to your portfolio. The foundation needs work but is in a good living conditions BUT IS CASH. Will not pass a loan. THIS PROPERTY WILL BE SOLD AS-IS. mas info me llama. gracias

Investor Tools

Property Icon
$237,000
Estimated Property Value
$475,459Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,341
$104,322
2025
$21,600
$82,722
$104,322
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,341
$104,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Global Rai Funding Llc
Commercial
$513,000
No
First
Jun 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,459
N/A
0%
201%
$3,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$3,076/mo
$-691/mo
12.1%

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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1205 E Richmond Ave | Property Details | No Agent List