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$246,909

NAL Estimated Property Value

2416 Michael St, Fort Worth, TX, 76112

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,459 Sq Ft
price_per_sqft$188.49 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Cooktop, Microwave, Refrigerator
FlooringTile

Exterior

Lot Size7,018 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APN38170-3-2
Lot Number2
SubdivisionShalon Acres Addition
Land UseResidential
Legal DescriptionSHALON ACRES ADDITION BLOCK 3 LOT 2
Census Tract101403
Assessed Land Value$21,060
Assessed Improvement Value$225,849
Assessment Year2025

About this property

Welcome to this delightful 3-bedroom home located in a prime location near the 30 and 820 freeways. This charming residence has been thoughtfully updated, ensuring a move-in ready experience for its new owners. With 1.5 full baths and a 2-car double door garage, this home offers both comfort and convenience. With a bonus room located in the 2nd floor either for an office space or a game room. Recent updates include a new roof, an entire HVAC system, and remodeled restrooms. The kitchen features granite counter tops and double ovens. The exterior has been recently painted. You can enjoy the peace of mind that comes with knowing these important features have been taken care of. This home is a wonderful opportunity for those seeking a well-maintained and updated property in a desirable location. Don't miss out on the chance to make this house your new home.

Investor Tools

Property Icon
$246,909
Estimated Property Value
$249,430Estimated Mortgage Balance
$246,909Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,013
$246,909
2025
$21,060
$225,849
$246,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,013
$246,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Fha
$262,163
Yes
First
Sep 29, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,430
N/A
0%
101%
$1,572/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,572/mo
+$355/mo
9.4%

City: Fort Worth

2416 Michael St | Property Details | No Agent List