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$84,000

NAL Estimated Property Value

1254 E Magnolia Ave, Fort Worth, TX, 76104

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,247 sqft

Land Information

APN23290-28-6
Lot Number6
SubdivisionLakeview Addition
Land UseResidential
Legal DescriptionLAKEVIEW ADDITION BLOCK 28 LOT 6
Census Tract103800
Assessed Land Value$18,750
Assessment Year2025

About this property

Beautiful vacant lot with breathtaking Downtown Fort Worth views — the perfect opportunity for buyers who want to be close to the energy of the city while enjoying elevated scenery and modern surroundings. This cleared, build-ready lot sits on higher ground, offering incredible skyline views and the potential for a stunning custom home designed to capture the city lights. New construction homes are already being built directly across the street and next door, making this an ideal investment in a rapidly developing, up-and-coming neighborhood. Located just minutes from Downtown Fort Worth, and near the vibrant Near Southside and Magnolia Avenue district, you’ll be surrounded by top restaurants, coffee shops, nightlife, and local boutiques. Enjoy quick and convenient access to major highways Interstate 35W and Interstate 30, making commuting anywhere in the metroplex simple and efficient. Whether you’re looking to build your dream home with panoramic city views or invest in an area experiencing strong growth and revitalization, this elevated lot offers location, lifestyle, and long-term value all in one. City living. Skyline views. Prime location. Endless potential.

Investor Tools

Property Icon
$84,000
Estimated Property Value
$0Estimated Mortgage Balance
$84,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$509 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$70/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$421
$18,750
2025
$18,750
N/A
$18,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$421
$18,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$84,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Fort Worth

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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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