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$265,000

1521 Morrison Dr, Fort Worth, TX, 76112

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.89 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,946 sqft

Building Information

Year Built1993
Stories1
Garage Spaces2

Land Information

APN797-1-11
Lot Number11
SubdivisionArbor Hill Addition
Land UseResidential
Legal DescriptionARBOR HILL ADDITION BLOCK 1 LOT 11
Census Tract106512
Assessed Land Value$50,000
Assessed Improvement Value$146,130
Assessment Year2025

About this property

Welcome to 1521 Morrison in Fort Worth! This charming 3-bedroom, 2-bath home features beautiful shade trees, an open-concept living room with a cozy fireplace, abundant natural light, ceiling fan, and laminate flooring. The spacious kitchen offers an island, stainless steel appliances, pantry, ceiling fan, and tile flooring. The private primary suite includes a ceiling fan, dual sinks, soaking tub, separate shower, and a large walk-in closet. Enjoy the backyard with a patio and deck overlooking a spacious lawn and mature trees—perfect for relaxing or entertaining. Complete with a 2-car garage.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$82,764Estimated Mortgage Balance
$208,929Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,293
$196,130
2025
$50,000
$146,130
$196,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,293
$196,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerigroup Mortgage Corp
Va
$82,764
Yes
First
Mar 12, 2012
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,071
$208,929
80%
20%
$349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$349/mo
+$1,578/mo
8.9%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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