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$228,000

NAL Estimated Property Value

201 W Lancaster Ave Unit 409, Fort Worth, TX, 76102

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths838 Sq Ft
price_per_sqft$283.41 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Courtyard, Courtyard, Fire Pit, Garden, Lighting, Outdoor Grill, Outdoor Living Area, Other, Rain Gutters, Uncovered Courtyard

Building Information

Year Built2005
Garage Spaces2

Land Information

APN41562C------409
Lot Number409
SubdivisionTexas And Pacific Lofts Condo
Land UseResidential
Legal DescriptionTEXAS AND PACIFIC LOFTS CONDO LOT 409 & .392% OF COMMON AREA
Census Tract123302
Assessed Land Value$30,000
Assessed Improvement Value$196,778
Assessment Year2025

About this property

Discover urban living and the lock-and-leave lifestyle in this beautifully updated 1-bedroom, 1-bath, with small office condo at the historic Texas & Pacific Lofts in downtown Fort Worth. This fourth-floor unit offers a private bedroom with solid walls and door, ensuring peace and quiet. This unit is top-notch, with a view to match! Lovely stained concrete floors and beautiful, modern painted ceilings throughout. Recent upgrades include a new HVAC system, modern light fixtures, and fresh paint throughout. The sleek kitchen features Whirlpool and Bosch appliances, soft gray cabinetry, glass backsplash, and under-cabinet lighting. Residents enjoy premium amenities – a fitness center, indoor pool, business center, and clubroom – with HOA covering internet, cable, and trash. The TRE and TEXRail station is just downstairs, providing direct routes to DFW Airport and across the Metroplex. Located steps from the Fort Worth Water Gardens and within walking distance of Texas A&M University School of Law, this condo offers unbeatable convenience for students and professionals seeking vibrant downtown living.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$172,718Estimated Mortgage Balance
$55,282Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,425 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
$544/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,089
$226,778
2025
$30,000
$196,778
$226,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,089
$226,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$176,625
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,718
$55,282
24%
76%
$1,059/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,603/mo
$-13/mo
8.4%

City: Fort Worth

201 W Lancaster Ave Unit 409 | Property Details | No Agent List