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$485,000

NAL Estimated Property Value

2227 Washington Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,754 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.99 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size6,747 sqft

Building Information

Year Built1924
Stories1
Garage Spaces3

Land Information

APN6360-1-20
Lot Number20
SubdivisionCarlock's South Side Addition
Land UseResidential
Legal DescriptionCARLOCK'S SOUTH SIDE ADDITION BLOCK 1 LOT 20
Census Tract104100
Assessed Land Value$148,500
Assessed Improvement Value$171,820
Assessment Year2025

About this property

Price Reduction! Beautiful updated Home in the Historic Fairmount neighborhood. Open floor plan , fully remodeled kitchen, new doors and wood floors throughout the house. Cover carport and shed in the backyard with power. Big additional room for gatherings. Enjoy the close proximity of Downtown Fort Worth, restaurants and entertainment! Seller will contribute toward buyer closing cost or buyer interest rate buy down!

Investor Tools

Property Icon
$485,000
Estimated Property Value
$320,581Estimated Mortgage Balance
$164,419Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,168
$320,320
2025
$148,500
$171,820
$320,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,168
$320,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abl Rpc Residential Credit Acquisition L
Commercial
$323,400
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,581
$164,419
33%
66%
$1,939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,939/mo
$-12/mo
4.8%

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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2227 Washington Ave | Property Details | No Agent List