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$246,000

1601 N Edgewood Ter, Fort Worth, TX, 76103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.05 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size6,447 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN30820-8-6
Lot Number6
SubdivisionOakland Park Estates
Land UseResidential
Legal DescriptionOAKLAND PARK ESTATES BLOCK 8 LOT 6
Census Tract101401
Assessed Land Value$19,350
Assessed Improvement Value$163,659
Assessment Year2025

About this property

Helllooo character! If you love original details, colorful tile, unique features and the nostalgia of the 1950s, come on over to this classic Meadowbrook gem and see all it has to offer. From the golden hardwood floors to the freshly painted interior walls, this home is truly a blank slate and ready for it's next chapter. Upon entry, you are wrapped in warmth in the main living and dining room with gorgeous picture windows to the front yard. 3 bedrooms and 2 bathrooms complete the layout in a thoughtful and comfortable way. Situated on a corner lot, this home has loads of outdoor space and storage galore! Not only does it have a 2 car garage, the very spacious backyard is ready for gardening, pets, playing and has TWO extra storage buildings for whatever you may need, PLUS an extra carport space! And don't overlook the outdoor patio which is covered and just off the incredible sunroom behind the darling kitchen. This property was loved and maintained for over a decade by the same family and now they are looking for someone who will love it equally. Will it be you?

Investor Tools

Property Icon
$246,000
Estimated Property Value
$250,381Estimated Mortgage Balance
$0Estimated Equity
-2% 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
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,657
$183,009
2025
$19,350
$163,659
$183,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,657
$183,009

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Fha
$250,381
Yes
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,421
N/A
0%
104%
$1,563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,563/mo
+$364/mo
9.4%

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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1601 N Edgewood Ter | Property Details | No Agent List