$2,800
$512,000
2212 Lipscomb St, Fort Worth, TX, 76110
On Market
Price Drop
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCeramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size4,365 sqft
Building Information
Year Built1928
Stories2
Garage Spaces1
Land Information
APN2210-14-4
Lot Number4
SubdivisionBellevue Hill Addition
Land UseResidential
Legal DescriptionBELLEVUE HILL ADDITION BLOCK 14 LOT 4
Census Tract104100
Assessed Land Value$96,118
Assessed Improvement Value$237,023
Assessment Year2025
About this property
Quiet block in Fairmount Historic District. Large front porch to relax and enjoy a morning cup of coffee, wonderful backyard with covered patio and storage shed. Designer updated, 1928 modified 4-square brick house. Refinished hardwood floors, white cararra marble counters, and landscaping. Blocks from Magnolia street area restaurants, bars and retail.
Investor Tools
$183,255Estimated Mortgage Balance
$312,354Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,293
$333,141
2025
$96,118
$237,023
$333,141
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,293
$333,141
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$239,920
No
First
Aug 28, 2015
Oct 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,255
$285,745
60%
37%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.7%
