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$130,000

1212 E Mulkey St, Fort Worth, TX, 76104

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths955 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.13 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN36920-17-4
Lot Number4
SubdivisionRyan Southeast Addition
Land UseResidential
Legal DescriptionRYAN SOUTHEAST ADDITION BLOCK 17 LOT 4
Census Tract104505
Assessed Land Value$18,000
Assessed Improvement Value$171,889
Assessment Year2025

About this property

Investment opportunity in Morningside! This 2 bed 1 bath home is ready for a new owner who can put in a little work to make it shine again. It already has a few upgraded features, so it won't take much to finish it out. Washer, dryer, and refrigerator are in good shape and will convey. Located with easy commute access to 35W, I-30, I-20, Hwy 287, Downtown, and TCU. Neighborhood schools and parks close by. Would make an ideal starter home or investment rental property. Increasing number of renovated homes nearby and Fort Worth's Near Southside revitalization efforts and newly approved Rosedale and Evans urban village development are bringing a modern push of growth to the area. Priced to sell AS IS.

Investor Tools

Property Icon
$189,889
Estimated Property Value
$125,033Estimated Mortgage Balance
$55,025Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,261
$189,889
2025
$18,000
$171,889
$189,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,261
$189,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$125,033
No
First
Oct 17, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,520
N/A
0%
130%
$1,500/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,500/mo
+$427/mo
12.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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1212 E Mulkey St | Property Details | No Agent List