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$488,878

NAL Estimated Property Value

2220 Carleton Ave, Fort Worth, TX, 76107

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,302 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.8 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCeramic Tile, Wood

Exterior

Lot Size8,246 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN18320-5-12
Lot Number12
SubdivisionHillcrest Addition-Fort Worth
Land UseResidential
Legal DescriptionHILLCREST ADDITION-FORT WORTH BLOCK 5 LOT 12
Census Tract102700
Assessed Land Value$183,750
Assessed Improvement Value$305,128
Assessment Year2025

About this property

PLEASE READ: Introducing this City of Fort Worth owned property in Central Arlington Heights! Come explore this unique opportunity to redevelop in one of Fort Worth's most iconic neighborhoods. THIS PROPERTY WILL BE SOLD AS-IS AND SUBJECT TO CONDITIONS AND RESTRICTIONS. This home is in a City Flood Risk Area (CFRA) (non-FEMA flood zone) and must be either raised 2 feet over the base flood grade or demolished. If demolished, it must be turned into green space or can be rebuilt, but must also abide by the elevation requirements set by the city and new drainage easements. A seller’s disclosure will not be provided. The property must be marketed for a minimum of ninety (90) days, therefore offers should be submitted prior to February 28, 2025. The property must be sold to the buyer who submits the highest cash offer. All offers are subject to approval by the Fort Worth City Council in a public meeting. Contact the listing agent or your own agent and ask for a copy of the city's project summary. A signed Waiver, Release, and Indemnity Agreement with the City of Fort Worth is required for every individual planning to tour the property 24 hours prior to a tour. Property tours will be provided on Tuesdays, subject to listing agent's availability, or contact your agent.

Investor Tools

Property Icon
$488,878
Estimated Property Value
$0Estimated Mortgage Balance
$488,878Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,933 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$488,878
2025
$183,750
$305,128
$488,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$488,878

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$488,878
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
N/A
+$1,530/mo
3.8%

City: Fort Worth

2220 Carleton Ave | Property Details | No Agent List