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$199,900

1217 Verbena St, Fort Worth, TX, 76104

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
price_per_sqft$158.65 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesMicrowave
FlooringTile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1928
Stories1
Garage Spaces2

Land Information

APN27340-7-98
Lot Number98
SubdivisionMc Connell Addition
Land UseResidential
Legal DescriptionMC CONNELL ADDITION BLOCK 7 LOT 98
Census Tract123100
Assessed Land Value$18,000
Assessed Improvement Value$87,112
Assessment Year2025

About this property

Don't miss this excellent opportunity to own a home or add a strong income-producing property to your investment portfolio. This charming, well-maintained cottage-style home at 1217 Verbena St., Fort Worth features 3 bedrooms and 2 bathrooms, making it an ideal option for both investors and owner-occupants.The home offers inviting curb appeal with a covered front porch, a functional and efficient floor plan, a remodeled kitchen, and a utility closet with washer and dryer hookups. According to the seller, the roof was replaced approximately two years ago, providing added peace of mind.Conveniently located just minutes from Downtown Fort Worth, Texas Wesleyan University, shopping, dining, major highways, and public transportation, this property offers excellent accessibility and strong rental potential. Property is being sold AS-IS. Buyer to purchase a new survey, if required.

Investor Tools

$165,118Estimated Mortgage Balance
$27,695Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Claudia Roddy

Jason Mitchell Real Estate Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,359
$105,112
2025
$18,000
$87,112
$105,112
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,359
$105,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$171,830
Yes
First
Mar 4, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,118
$31,882
16%
86%
$1,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,031/mo
+$896/mo
12.0%

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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1217 Verbena St | Property Details | No Agent List