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$419,000

NAL Estimated Property Value

1217 Madeline Pl, Fort Worth, TX, 76107

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,384 Sq Ft
price_per_sqft$252.89 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Uncovered Courtyard
Lot Size7,096 sqft

Building Information

Year Built1921
Stories1

Land Information

APN25180-2-18
Lot Number18
SubdivisionMattisons Addition
Land UseResidential
Legal DescriptionMATTISON'S ADDITION TO HI-MOUNT BLOCK 2 LOT 18
Census Tract102700
Assessed Land Value$213,000
Assessed Improvement Value$172,000
Assessment Year2025

About this property

HIGHEST & BEST OFFERS DUE BY 8:00PM ON TUESDAY, 2-27-24. Charming cottage located North of the Bricks in Arlington Heights. Upon entering the expansive living-dining room you will find hardwood flooring that is throughout the home, cathedral beamed ceiling, a wall of windows and wood burning fireplace. Original pocket doors lead to the breakfast area with garden window and generously sized kitchen with generous granite counters and SS appliances. Beyond the kitchen in back of the home find the primary bedroom with cathedral ceiling, French door leading to deck, ensuite bathroom and walk-in closet. A full bathroom and secondary bedroom is located down the hall from the breakfast area. Several patio and garden areas in the backyard. The accessory building has electricity and is in need of TLC. Small rock shed is located behind the accessory building.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$290,539Estimated Mortgage Balance
$128,461Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,462
$385,000
2025
$213,000
$172,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,462
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$235,000
No
First
Mar 15, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,539
$128,461
30%
69%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,799/mo
$-269/mo
4.4%

City: Fort Worth

1217 Madeline Pl | Property Details | No Agent List