$216,000
NAL Estimated Property Value1901 Portland Ave, Fort Worth, TX, 76102
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Oven
Exterior
Lot Size4,996 sqft
Building Information
Year Built1949
Stories1
Garage Spaces1
Land Information
APN16340-10-15
Lot Number15
SubdivisionGreenway Place Addition
Land UseResidential
Legal DescriptionGREENWAY PLACE ADDITION BLOCK 10 LOT 15
Census Tract123200
Assessed Land Value$34,000
Assessed Improvement Value$161,504
Assessment Year2025
About this property
Updated three bedroom two bathroom home on a large corner lot just minutes from downtown Fort Worth! Property has been freshly painted inside and out, new flooring, new water heater, new HVAC, new garage door and new roof. This property is perfect for someone just starting out or folks wanting to downsize. Property will be sold with all furniture at current asking price, or can be sold without furniture if buyer prefers. Seller offering rate buy down or Seller concessions of $4,500 with full asking price.
Investor Tools
$216,000
Estimated Property Value
$208,252Estimated Mortgage Balance
$7,748Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,387
$195,504
2025
$34,000
$161,504
$195,504
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,387
$195,504
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Stand Alone Second / Subordinate Position
$216,015
No
First
May 1, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,252
$7,748
3%
96%
$1,296/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,296/mo
+$584/mo
10.4%
