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$515,000

1425 Evans Avenue, Fort Worth, TX, 76104

On MarketInfo
Beds4 Beds
Baths6 Bath
Baths2,680 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 6Bathrooms Full 6
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size4,683 sqft

Building Information

Year Built2022

Land Information

APN16390----1----7B--20
Lot Number7B-8A
SubdivisionGreenwood Sub #3 Evans S Of 12
Land UseResidential
Legal DescriptionGREENWOOD SUB #3 EVANS S OF 12 BLOCK 1 LOT 7B & 8A
Census Tract123500
Assessed Land Value$14,061
Assessed Improvement Value$296,488
Assessment Year2025

About this property

Discover modern living in this beautifully built 2022 duplex located in the vibrant heart of Fort Worth, just minutes from Downtown, Magnolia Avenue, South Main Street, the Hospital District, TCU, and Dickies Arena. Tucked near the Historic Southside, this hidden gem offers a perfect blend of comfort and convenience. Both units were recently vacated and have already been re-leased, ensuring no long-term vacancy. New tenants are secured at $1,800 per month each, with one lease beginning October 1st (18-month term) and the other starting October 13th (12-month term). Both units have a bright and open layout featuring a stylish kitchen equipped with stainless steel appliances, granite countertops, a pantry, subway tile backsplash, and clear views into the dining and living areas. The main floor also features a half bath and a full-sized laundry room. Upstairs, you'll find a flexible loft space ideal for a home office or second living area, along with two generously sized bedrooms and two full bathrooms. The primary suite boasts a walk-in closet and private en-suite bath with a granite vanity and a stand-up shower. The home's neutral color palette creates a warm and welcoming feel throughout. Outside, you'll find a fenced backyard with an electric gate entrance, a covered patio, and two dedicated parking spaces per unit.

Investor Tools

$334,570Estimated Mortgage Balance
$102,430Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Bonnie Fischer

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,798
$310,549
2025
$14,061
$296,488
$310,549
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,798
$310,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista Bank
Building Or Construction Loan
$362,972
No
First
Apr 5, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,570
$102,430
23%
77%
$2,177/mo

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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1425 Evans Avenue | Property Details | No Agent List