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$530,000

1312 Fairmount Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.27 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Washer

Exterior

Lot Size4,996 sqft

Building Information

Year Built2010
Stories1
Garage Spaces1

Land Information

APN27200----C---25---20
Lot Number25,26
SubdivisionMc Anulty & Nye Subdivision
Land UseResidential
Legal DescriptionMC ANULTY & NYE SUBDIVISION BLOCK C LOT 25 BLK C LOTS 25 & 26
Census Tract123700
Assessed Land Value$110,000
Assessed Improvement Value$385,783
Assessment Year2025

About this property

Have you ever wished you could walk out your front door and only walk five minutes for coffee at Cherry Coffee Shop or two minutes for lunch at Lili's Bistro? Well, this is an ideal opportunity to have that wish granted. Built in 2010, this home doesn’t have a long storied history like its neighbors, but it still exudes the idyllic charm and character that Fairmount homes are known for and is literally steps away from many of the best restaurants, coffee shops, & nightlife in Fort Worth, as well as annual community events like Open Streets and Arts Goggle. The large front porch is the perfect introduction to this property. As you step inside, the living and dining areas flow seamlessly into the beautifully renovated kitchen, complete with a 5x5 island including enough bar seating for six people, extra-thick quartz countertops, a porcelain farmhouse sink, Cafe appliances, and a six-burner gas stove. All three bedrooms have ample closet space, and both bathrooms have been tastefully updated with modern finishes. Enjoy the cozy back patio and fully turfed backyard while dialing in your putting skills on the 3-hole putting green. The one-car detached garage with automatic opener and automatic driveway gate are premium features for this neighborhood and offer safe private parking options. Endless hot water with the Rinnai tankless water heater. Enhanced audio entertainment with the surround sound system in the living room. Other upgrades include a new roof in 2025, HVAC allergy filtration system, front yard wrought-iron fencing, cabinetry and sink in utility room, interior and exterior paint, and flooring. The current owners have taken an already beautiful property to new heights with elevated finishes throughout. This turn-key lock & leave property truly is one of a kind, and the opportunity to own a lock and leave home this close to all that Magnolia and Fairmount have to offer is hard to pass up. Come check it out today!

Investor Tools

Property Icon
$530,000
Estimated Property Value
$485,234Estimated Mortgage Balance
$52,585Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,125
$495,783
2025
$110,000
$385,783
$495,783
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,125
$495,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$485,234
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$477,415
$52,585
9%
90%
$2,910/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,910/mo
$-983/mo
4.4%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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1312 Fairmount Ave | Property Details | No Agent List