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$228,000

1404 Elmwood Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.36 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Lot Size5,998 sqft

Building Information

Year Built2003
Stories1

Land Information

APN18100-58-2
Lot Number2
SubdivisionHighland Park Addition-Ft Wth
Land UseResidential
Legal DescriptionHIGHLAND PARK ADDITION-FT WTH BLOCK 58 LOT 2
Census Tract103800
Assessed Land Value$18,000
Assessed Improvement Value$184,908
Assessment Year2025

About this property

Beautiful Nestled home close to downtown Fort Worth. Home is a cute 3 bedroom, 2 bath. Home must be owner occupied. AFFORDABLE completely renovated HOME! Fortified new build and Energy Star Rated. This home is full of modern finishes, comes with and walk in closets. Note that these pictures are for reference only and that colors will vary but plans will be the same.. Home must the owner occupied.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$131,141Estimated Mortgage Balance
$108,471Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,834
$202,908
2025
$18,000
$184,908
$202,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,834
$202,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Fha
$131,141
Yes
First
Sep 14, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,529
$108,471
47%
52%
$787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$787/mo
+$1,140/mo
10.1%

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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1404 Elmwood Ave | Property Details | No Agent List