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$242,000

221 W Lancaster Ave Unit 7007, Fort Worth, TX, 76102

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths745 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$288.59 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator, Washer
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden

Building Information

Year Built1930

Land Information

APN41562C-----7007
Lot Number7007
SubdivisionTexas And Pacific Lofts Condo
Land UseResidential
Legal DescriptionTEXAS AND PACIFIC LOFTS CONDO LOT 7007 & .349% OF COMMON AREA
Census Tract123302
Assessed Land Value$21,000
Assessed Improvement Value$191,500
Assessment Year2025

About this property

High Rise Living!! Living at the Texas & Pacific lofts is like owning a precious little piece of Fort Worth history. The Texas & Pacific Passenger Terminal Building was designed by Architect Wyatt C. Hedrick who designed many of our most beautiful buildings. Built in 1930, it was the main gateway in and out of Fort Worth via the T&P Railroad for many years before airports replaced train stations. This unit is on the 7th floor with gorgeous views of Fort Worth! Take a train to the airport, the Mavs games, work, or fun out on the town! Walking distance to all the eateries and retail in downtown Fort Worth makes this place special! Botanical Gardens, Sundance Square, Omni!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$212,300Estimated Mortgage Balance
$47,036Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
$428/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,257
$212,500
2025
$21,000
$191,500
$212,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,257
$212,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Fha
$212,300
Yes
First
Jan 31, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,964
$47,036
19%
81%
$1,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,701/mo
$-111/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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221 W Lancaster Ave Unit 7007 | Property Details | No Agent List