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$328,000

NAL Estimated Property Value

132 Merritt St, Fort Worth, TX, 76114

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.58 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Lot Size7,052 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN17470--L
Lot NumberL
SubdivisionHassett Gardens Addition
Land UseResidential
Legal DescriptionHASSETT GARDENS ADDITION LOT L
Census Tract100700
Assessed Land Value$42,336
Assessed Improvement Value$207,070
Assessment Year2025

About this property

Welcome to this freshly remodeled traditional home with a contemporary flair. Boasting 4 spacious bedrooms and 2 bathrooms, this home offers luxury plank flooring throughout for a modern touch. A versatile flex space awaits, perfect as an office with a separate entrance. The exquisite eat-in kitchen is a culinary haven, featuring stainless steel appliances with a sleek mounted vent hood, and stunning quartz countertops and the two-tone cabinetry is stylish and functional. Situated just minutes away from the desirable River District area, you’ll have convenient access to shopping, entertainment, walking trails, and parks. Embrace the vibrant lifestyle this location offers, with an array of amenities at your fingertips. Experience the perfect blend of traditional charm and contemporary design in this remarkable property.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$243,276Estimated Mortgage Balance
$84,724Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,521
$249,406
2025
$42,336
$207,070
$249,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,521
$249,406

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Conventional
$256,560
No
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,276
$84,724
25%
74%
$1,539/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,539/mo
+$388/mo
7.0%

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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132 Merritt St | Property Details | No Agent List