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$2,550

1318 Fairmount Ave, Fort Worth, TX, 76104

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.85 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Lot Size4,996 sqft

Building Information

Year Built1921
Stories1
Garage Spaces1

Land Information

APN27200----C---23---20
Lot Number23-24
SubdivisionMc Anulty & Nye Subdivision
Land UseResidential
Legal DescriptionMC ANULTY & NYE SUBDIVISION BLOCK C LOT 23 & 24
Census Tract123700
Assessed Land Value$110,000
Assessed Improvement Value$287,529
Assessment Year2025

About this property

Enjoy the perfect blend of historic charm and modern comfort in this beautifully updated 2-bedroom, 2-bath home located in the highly sought-after Fairmount Historic District. This inviting home features two spacious living areas, providing plenty of room to relax or entertain. Beautifully stained hardwood floors flow throughout most of the home, while a cozy fireplace and distinctive wood accent walls add warmth and character. The updated kitchen is both stylish and functional, offering granite countertops, floor-to-ceiling cabinetry, a large farmhouse-style sink, and an elegant tile backsplash. Both bathrooms have been tastefully renovated, and each bedroom features a walk-in closet with custom built-in shelving for exceptional storage. Outside, you'll find a one-car garage along with an extended driveway that provides ample off-street parking and a private backyard. Ideally located just minutes from Downtown Fort Worth, the Medical District, and TCU, this home is also within walking distance of the vibrant Magnolia Avenue district, where you can enjoy some of Fort Worth's finest restaurants, coffee shops, boutiques, and local entertainment. If you're looking for a home that combines timeless character, modern updates, and an unbeatable location, this Fairmount gem is ready to welcome you home. Animal Policy: All animals must complete a pet screening; a screening fee may apply. Pets are subject to landlord approval, and applicable pet fees and or deposits will be determined based on the property and landlord’s individual policy. Fees may include monthly pet rent, a pet deposit, and-or a non-refundable pet fee. Pet policies and fees vary by property. Please contact us for additional information.

Investor Tools

$137,487Estimated Mortgage Balance
$261,654Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,385 /month
Positive
Cash Flow Estimate:
$795 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,920
$397,529
2025
$110,000
$287,529
$397,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,920
$397,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$180,000
No
First
Jun 9, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,487
$303,513
68%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
N/A
+$1,456/mo
4.4%

City: Fort Worth

1318 Fairmount Ave | Property Details | No Agent List