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$246,000

NAL Estimated Property Value

221 W Lancaster Avenue 9006, Fort Worth, TX, 76102

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths745 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$301.34 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1930
Garage Spaces1

Land Information

APN41562C-----9006
Lot Number9006
SubdivisionTexas And Pacific Lofts Condo
Land UseResidential
Legal DescriptionTEXAS AND PACIFIC LOFTS CONDO LOT 9006 & .349% OF COMMON AREA
Census Tract123302
Assessed Land Value$21,000
Assessed Improvement Value$215,306
Assessment Year2025

About this property

Stunning condo with the most amazing views in town. Large kitchen with wonderful cabinet space, granite countertops, windows galore; refrigerator included. High ceilings provide large, open concept. Spacious living room and large bedroom with impressive walk-in closet. Freshly painted walls, very clean, and has a large feel to it. Amenities are numerous; pool, gym, club house, secured entry, meetings areas, dining area, covered parking, and more. Live in the beautiful ambiance of being in a historic building with special art and decoration. Then, there is LOCATION, LOCATION, LOCATION; walk to downtown Fort Worth, ride the TEXRail commuter train right out the back door; TRE rail also. Convenient to everything.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$190,568Estimated Mortgage Balance
$55,432Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$409/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,742
$236,306
2025
$21,000
$215,306
$236,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,742
$236,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$211,105
Yes
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,568
$55,432
22%
77%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,675/mo
$-85/mo
7.8%

Learn About the Market: Opportunity in Fort Worth

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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221 W Lancaster Avenue 9006 | Property Details | No Agent List