7view

Owner Contacts

$382,000

NAL Estimated Property Value

2306 Park Place Avenue 7B, Fort Worth, TX, 76110

Off Market

2 Beds

1 Bath

1,122 Sq Ft

Condos / Townhouses

$311.94 / sqft

Built in 1930

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Double Oven, Vented Exhaust Fan, Washer

FlooringHardwood, Parquet, Tile

Building Information

Year Built1930

Stories1

Garage Spaces1

Land Information

APN14306C--7B

SubdivisionForest Park Tower Condominium

Land UseResidential

Legal DescriptionFOREST PARK TOWER CONDOMINIUM UNIT 7B & 2.784% OF COMMON AREA

Census Tract123700

Assessed Land Value$25,000

Assessed Improvement Value$327,454

Assessment Year2023

About this property

Situated just inside the Forest Park Gates & up the hill from the Fort Worth Zoo and Colonial Country Club, the iconic twelve story Forest Park Tower was completed in 1930 & has been beautifully converted to offer just 36 residences! Located adjacent to historic Berkeley Place & Mistletoe, with views of Forest Park, the Trinity River, the south side of the city and downtown, this 7th floor condo is the perfect home away from home, or full time residence! Combining charm with modern convenience, it features refurbished vintage hardwoods, newer energy efficient windows, a cozy kitchen with stainless appliances, granite countertops & extra electrical outlets under the cabinets, dedicated dining room, spacious bath & 2 bedrooms (or one bedroom with and perfect work from home study). Former notable residents are Ben Hogan & General John Hulen! Children attend excellent & well loved Lily B. Clayton Elementary school. A reserved parking spot in the gated garage is included with the sale.

Investor Tools

$382,000

Estimated Property Value

$0Estimated Mortgage Balance

$382,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,292 /month

Positive

Cash Flow Estimate:

$764 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$619/month

$578/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,522

$352,454

2023

$25,000

$327,454

$352,454

Tax History

Year

Tax Paid

Assessed Value

2023

$5,522

$352,454

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$382,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,456/mo

$578/mo

+$878/mo

4.6%

Learn About the Market: Opportunity in Fort Worth

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 This Area