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$265,107

NAL Estimated Property Value

1625 Martel Ave, Fort Worth, TX, 76103

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.65 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Hardwood, Laminate, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Other
Lot Size16,622 sqft

Building Information

Year Built1931
Stories1
Garage Spaces1

Land Information

APN37520----2---23R--20
Lot Number23R-24
SubdivisionScenery Hill Addition
Land UseResidential
Legal DescriptionSCENERY HILL ADDITION BLOCK 2 LOT 23R & 24R2
Census Tract101500
Assessed Land Value$36,625
Assessed Improvement Value$228,482
Assessment Year2025

About this property

Exceptional single story residence exquisitely updated with mixture of timeless & modern touches that embodies the original architectural design while creating a livable showpiece. An abundance of natural light floods the home as soon as you enter, giving the main areas an open airy feel while still emitting a sense of warmth & coziness. This chef's kitchen shows like a model & equipped with stainless appliances, gas burner stove with custom range hood, white subway backsplash, and sleek hardware & fixtures! Both bathrooms have that WOW factor with the type of upgrades you find in magazines! Fall in love with this huge backyard that offers a large deck & tons of room to create the ultimate outdoor living space!18x16 building on property has electricity & water heater & plumbed for a toilet, kitchen, washer! No HOA! Conveniently located to major routes, the Historic Stockyards, Downtown Fort Worth, the new Trinity River project including Panther Island Pavilion, TCU & local hot spots!

Investor Tools

Property Icon
$265,107
Estimated Property Value
$269,321Estimated Mortgage Balance
$265,107Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,328
$265,107
2025
$36,625
$228,482
$265,107
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,328
$265,107

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$274,928
Yes
First
Mar 30, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,321
N/A
0%
102%
$1,713/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,713/mo
+$214/mo
8.7%

City: Fort Worth

1625 Martel Ave | Property Details | No Agent List