Last 24 Hours
$192,000
NAL Estimated Property Value221 W Lancaster Street 12003, Fort Worth, TX, 76102
Off Market
1 Beds
1 Bath
566 Sq Ft
$302.12 / sqft
Built in 1930Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Central
CoolingAppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringTerrazzo
Exterior
Private PoolBuilding Information
Year Built1930
Garage Spaces2
Land Information
APN41562C----12003
Lot Number12003
SubdivisionTexas And Pacific Lofts Condo
Land UseResidential
Legal DescriptionTEXAS AND PACIFIC LOFTS CONDO LOT 12003 & .265% OF COMMON AREA
Census Tract123302
Assessed Land Value$21,000
Assessed Improvement Value$170,783
Assessment Year2025
About this property
NEW PRICE!Penthouse Loft in the historical T and P Lofts! Rich in architectural details; you'll find original terrazzo floors and concrete loft ceilings. Views of the iconic rail station authenticate your loft living experience. This studio space lives largely and doesn't disappoint! Nice size walk in closet, lots of cabinet space,every detail in square footage is executed for maximum living! Perfect for the minimalist lifestyle! Space is freshly painted, new laundry door, and industrial fan fixture has been installed! Includes a stackable W and D and TWO parking passes! Basic cable and Internet INCLUDED in HOA as well as gym, resistance pool and 24 hour concierge! Walk to shops and Downtown!(No AirBB or VRBO)
Investor Tools
$192,000
Estimated Property Value
$54,792Estimated Mortgage Balance
$137,208Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
$325/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,835
$191,783
2025
$21,000
$170,783
$191,783
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,835
$191,783
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$60,000
No
First
Oct 1, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,792
$137,208
71%
29%
$360/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$685/mo
+$905/mo
9.9%
12.4%