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$1,350

1421 5th Ave, Fort Worth, TX, 76104

PendingInfo
Beds2 Beds
Baths2 Bath
Baths700 Sq Ft
DuplexDuplex
price_per_sqft$1.93 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator

Exterior

Lot Size4,996 sqft

Building Information

Year Built1984
Stories1

Land Information

APN22710-D-9-A
Lot Number9
SubdivisionKing Sub/Field Welch
Land UseResidential
Legal DescriptionKING SUB/FIELD WELCH BLOCK D LOT 9
Census Tract123700
Assessed Land Value$110,000
Assessed Improvement Value$130,000
Assessment Year2025

About this property

Welcome to 1423 5th Avenue, a beautifully updated duplex located in the heart of Fort Worth’s historic Fairmount neighborhood. This charming residence offers 2 bedrooms and 1 full bathroom with a spacious and inviting layout that blends classic character with modern comfort. Inside, you'll find luxury vinyl plank floors throughout, updated lighting, and a thoughtfully renovated kitchen with contemporary cabinetry and upgraded countertops. Washer and dryer included! Located just minutes from Magnolia Avenue’s dining and shopping, local parks, and major highways, this home offers the perfect balance of walkability and accessibility. Tenant is responsible for all utilities and pets are allowed with owner approval.

Investor Tools

$137,210Estimated Mortgage Balance
$301,892Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,188
$240,000
2025
$110,000
$130,000
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,188
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$153,200
No
First
Dec 14, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,210
$152,790
52%
31%
$919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$919/mo
+$1,466/mo
6.5%

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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1421 5th Ave | Property Details | No Agent List