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$221,000

2224 Columbus Ave, Fort Worth, TX, 76164

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.97 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven

Exterior

Lot Size6,996 sqft

Building Information

Year Built1939
Stories1

Land Information

APN35260-16-16
Lot Number16
SubdivisionRosen Heights First Filing
Land UseResidential
Legal DescriptionROSEN HEIGHTS FIRST FILING BLOCK 16 LOT 16
Census Tract100402
Assessed Land Value$49,000
Assessed Improvement Value$131,000
Assessment Year2025

About this property

Investors Opportunity! Come and take a look at this great property featuring two houses on the same lot— perfect for remodeling or generating rental income. Both homes are currently leased on a month-to-month basis. The yellow house rents for $1,800 per month, and the blue house rents for $1,100 per month. This is a fantastic chance to own income-producing properties or renovate them to increase value. Homes are being sold as-is.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$120,000Estimated Mortgage Balance
$109,983Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,790
$180,000
2025
$49,000
$131,000
$180,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,790
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Antonio F Lopez Etux
Seller Carryback / Seller Financing / Seller Take-Back
$120,000
No
First
May 12, 2022
Jun 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,017
$109,983
49%
50%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$720/mo
+$1,207/mo
10.5%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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2224 Columbus Ave | Property Details | No Agent List