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Owner Contacts

$286,701

NAL Estimated Property Value

2024 Montclair Drive, Fort Worth, TX, 76103

Off Market

3 Beds

2 Bath

1,523 Sq Ft

$183.85 / sqft

Built in 1958

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size11,177 sqft

Building Information

Year Built1958

Stories1

Garage Spaces2

Land Information

APN11000-2-12A

Lot Number12A

SubdivisionEdgewood Heights Addition

Land UseResidential

Legal DescriptionEDGEWOOD HEIGHTS ADDITION BLOCK 2 LOT 12A

Census Tract101401

Assessed Land Value$31,180

Assessed Improvement Value$255,521

Assessment Year2025

About this property

This beautiful home is ready for you to move in and start making memories! Nicely updated home on a large lot in a quiet neighborhood in Fort Worth. Home features; New Roof, New HVAC, Newer Breaker Panel, Newer Windows, Newer wood floors throughout the public areas, with Updated tile in the Kitchen and Baths. The Kitchen has a nice functional open layout that features tons of storage with custom wood cabinets, Granite tile countertops with a glass mosaic tile back splash, and all kitchen appliances included with the home. All bedrooms have en-suite bathrooms that have been fully updated with custom cabinetry, granite counter tops and attractive tile bathtub surrounds. The fully fenced spacious back yard with large concrete patio & shed, is perfect for family fun and entertaining. Located in close proximity to multiple hwys for easy commuting, near schools & UTA, near entertainment and parks... ONLY 10 minutes from Downtown Fort Worth and 15 minutes from Cowboys & Rangers Stadiums!!

Investor Tools

$286,701

Estimated Property Value

$273,802Estimated Mortgage Balance

$12,899Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,720 /month

Positive

Cash Flow Estimate:

$573 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$517/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,767

$286,701

2025

$31,180

$255,521

$286,701

Tax History

Year

Tax Paid

Assessed Value

2024

$4,767

$286,701

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$279,837

Yes

First

Sep 30, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$273,802

$12,899

96%

$1,762/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$1,762/mo

+$165/mo

8.1%

Learn About the Market: Opportunity in Fort Worth

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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.

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