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$681,000

NAL Estimated Property Value

1316 S Adams, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,832 Sq Ft
QuadruplexQuadruplex
price_per_sqft$164.19 / sqft
Year BuiltBuilt in 1916

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built1916
Stories2
Garage Spaces1

Land Information

APN36605---26----7H--20
Lot Number7H,8D
SubdivisionRoss, D S Subdivision
Land UseResidential
Legal DescriptionROSS, D S SUBDIVISION BLOCK 26 LOT 7H BLK 26 LTS 7H & 8D
Census Tract123700
Assessed Land Value$165,000
Assessed Improvement Value$376,200
Assessment Year2025

About this property

Located just steps from Magnolia on a beautiful block of stately homes, potential abounds in this Fairmount diamond in the rough. Situated on a lot and a half, this 2832sf structure also has an apartment (not included in square footage) over the two-car detached garage. Its two balconies overlook Magnolia and the Near Southside. Taken down to the studs with some improvements already made (HVAC, electrical, plumbing), it is ready for your customization. Zoned C (multifamily, medium density), total number of units to be determined by buyer (easily as many as four in main structure plus garage apartment). Bring your ideas and contractor and transform this blank slate! Being sold as-is.

Investor Tools

Property Icon
$681,000
Estimated Property Value
$0Estimated Mortgage Balance
$681,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,086 /month
Positive
Cash Flow Estimate:
$1,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,089
$541,200
2025
$165,000
$376,200
$541,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,089
$541,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$681,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
3.4%

City: Fort Worth