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$689,000

NAL Estimated Property Value

1721 Fairmount Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.92 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Refrigerator, Wine Cooler
FlooringCeramic Tile, Wood

Exterior

Lot Size6,996 sqft

Building Information

Year Built1915
Stories2
Garage Spaces1

Land Information

APN13520----8---11---20
Lot Number11-12
SubdivisionFairmount Addition
Land UseResidential
Legal DescriptionFAIRMOUNT ADDITION BLOCK 8 LOT 11 & 12
Census Tract104100
Assessed Land Value$154,000
Assessed Improvement Value$429,360
Assessment Year2025

About this property

Welcome to the Historical Fairmount District, established in the early twentieth century. This home style was called the American Foursquare-Prairie Style home and was built in 1915 by the Strathdee family. Step inside and see the combination of historic charm with some of today's modern amenities. Inside, you'll discover some original features such as windows, doors, hardwood floors, and a staircase. Downstairs you have a reconfigured modern-style kitchen with all new appliances. You have an open-concept LR with a full-size remodeled bathroom. The front room can be a bedroom, study, or office. Upstairs are 4 bedrooms, with a remodeled bathroom. One room is small enough for a nursery or even a private office. Closets were added in 3 of the bedrooms. The backyard has a new fence. You are also within boundaries for your children to attend Lilly B Clayton School. Come, see this residence that captures the essence of the bygone era of the early years.

Investor Tools

Property Icon
$689,000
Estimated Property Value
$493,514Estimated Mortgage Balance
$195,486Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,090
$583,360
2025
$154,000
$429,360
$583,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,090
$583,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Towne Mortgage Co
Va
$506,250
Yes
First
Dec 3, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,514
$195,486
28%
72%
$3,036/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,036/mo
$-1,109/mo
3.4%

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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1721 Fairmount Ave | Property Details | No Agent List