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$490,000

NAL Estimated Property Value

1909 May St, Fort Worth, TX, 76110

Off MarketInfo
Beds8 Beds
Baths6 Bath
Baths2,968 Sq Ft
price_per_sqft$141.51 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCarpet, Wood

Exterior

Lot Size4,996 sqft

Building Information

Year Built2004
Stories2

Land Information

APN12753-14-35
Lot Number35
SubdivisionEmory College Sub Of Patillo
Land UseResidential
Legal DescriptionEMORY COLLEGE SUB OF PATILLO BLOCK 14 LOT 35
Census Tract123600
Assessed Land Value$30,000
Assessed Improvement Value$313,179
Assessment Year2025

About this property

Investment opportunity... Each unit of the duplex has 4 bedrooms with the master down and 3 bedrooms upstairs. Walkable to JPS Hospital and Hospital District. Fenced in privacy backyards. Plenty of parking in front. Popular rental area with low vacancies. New AC installed in one of the units in 2022 comes with a 10 year warranty and 1 year free maintenance.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$151,465Estimated Mortgage Balance
$338,535Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,625
$343,179
2025
$30,000
$313,179
$343,179
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,625
$343,179

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$176,000
No
First
May 24, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,465
$338,535
69%
31%
$1,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,056/mo
+$1,329/mo
5.8%

City: Fort Worth

1909 May St | Property Details | No Agent List