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$220,000

NAL Estimated Property Value

2222 Lee Ave, Fort Worth, TX, 76164

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
price_per_sqft$183.26 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Microwave

Exterior

Lot Size6,996 sqft

Building Information

Year Built1935

Land Information

APN30000-161-13
Lot Number13
SubdivisionNorth Fort Worth
Land UseResidential
Legal DescriptionNORTH FORT WORTH BLOCK 161 LOT 13
Census Tract100402
Assessed Land Value$49,000
Assessed Improvement Value$114,400
Assessment Year2025

About this property

This beautifully renovated home, completed in 2024, offers modern updates and a prime location just 1 mile from the historic Fort Worth Stockyards (only a 2-minute drive) and 2.7 miles from downtown Fort Worth(5-6 minute drive). You’re also just 5 miles from the Fort Worth Zoo, making it an ideal spot to enjoy all of what Fort Worth has to offer. Spanning 1,104 sq ft on the main floor, the home features an open-concept living space with two spacious bedrooms and two bathrooms. The layout is perfect for comfortable everyday living, with plenty of room to relax or entertain. The finished basement, adding 312 sq ft, includes a third bedroom and a large storage room, providing flexibility for your needs. The exterior of the home is equally appealing, with two staircases—one on each side—leading down to the large backyard. Whether you’re hosting outdoor activities, gardening, or simply enjoying the Texas sunshine, the backyard offers ample space for it all. With its prime location and thoughtful updates, this home is perfect for anyone seeking a mix of convenience, comfort, and proximity to Fort Worth’s best attractions.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$244,043Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,557 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,859
$163,400
2025
$49,000
$114,400
$163,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,859
$163,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$248,417
Yes
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,043
N/A
0%
111%
$1,490/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,490/mo
+$437/mo
10.5%

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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2222 Lee Ave | Property Details | No Agent List