Last 24 Hours
$345,000
NAL Estimated Property Value205 Mcgee Dr, Fort Worth, TX, 76114
Off Market
4 Beds
2 Bath
1,656 Sq Ft
$135.87 / sqft
Built in 1954Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesNone
FlooringCarpet, Linoleum, Tile, Wood
Exterior
Lot Size9,548 sqft
Building Information
Year Built1954
Stories1
Garage Spaces1
Land Information
APN27580-2-16
Lot Number16
SubdivisionMc Gee Place Addition
Land UseResidential
Legal DescriptionMC GEE PLACE ADDITION BLOCK 2 LOT 16
Census Tract100700
Assessed Land Value$147,647
Assessed Improvement Value$67,289
Assessment Year2025
About this property
Rare investment opportunity in the heart of the Fort Worth River District! Great location close to downtown with easy access to the Trinity River Walking Trails. Walkable urban development neighborhood with many new restaurants like Salsa Limon, Heim Barbecue, and Gemelle. Easy access to downtown, West 7th, Fort Worth Stockyards and Sundance Square. Home is being sold AS-IS. No repairs or concessions.
Investor Tools
$345,000
Estimated Property Value
$0Estimated Mortgage Balance
$345,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,219
$214,936
2025
$147,647
$67,289
$214,936
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,219
$214,936
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
6.7%
12.4%