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$360,000

1705 Watson St, Fort Worth, TX, 76103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.63 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size11,247 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN3620-C-5
Lot Number5
SubdivisionBroad Acres
Land UseResidential
Legal DescriptionBROAD ACRES BLOCK C LOT 5
Census Tract101401
Assessed Land Value$31,250
Assessed Improvement Value$254,526
Assessment Year2025

About this property

Spring is in the air and this incredible 1961 Meadowbrook treasure is refreshed and ready for you! Tucked away on a quiet street with established neighbors and a strong community, this home is just a short walk away from the newly renovated Meadowbrook golf course! From the moment you arrive, this house stands out from the rest with a unique architectural design with an expansive front courtyard and gorgeous lawn. Upon entering the home, you immediately feel a sense of peace. To the right of the foyer, an original formal living room provides space for guests to relax or you can use it for a lovely home office. To the left of the foyer, the dining room is perfectly situated off of the kitchen for easy entertaining. The kitchen is darling with stainless steel appliances, granite countertops, decorative crown molding freshly painted cabinets and the cutest breakfast area. Adjacent to the kitchen is a sleek laundry setup and bar space that is perfect for coffee, cookbooks or cocktails! Right next to the kitchen, the den anchors this home with a lovely gas fireplace, built in shelves and a view to the oversized backyard. All 3 bedrooms offer plenty of natural light and closet storage while the 2 bathrooms are chic and charming. Moving outside, the backyard is a dream! A concrete patio and wooden deck for outdoor dining, large lawn spaces for pets or kids to play, plenty of room for a garden or whatever your heart desires! And the garage? You will be super impressed with the finish out and built in cabinets which makes it functional for car storage or extra space for entertaining. 1705 Watson is more than just a house. It's a place where memories are made and stories are told.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$26,000Estimated Mortgage Balance
$337,138Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,187
$285,776
2025
$31,250
$254,526
$285,776
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,187
$285,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fort Worth Community Cu
Credit Line (Revolving) / Heloc
$26,000
No
First
Apr 9, 2020
Apr 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,862
$337,138
93%
6%
$156/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$156/mo
+$1,771/mo
6.4%

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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1705 Watson St | Property Details | No Agent List