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$276,000

NAL Estimated Property Value

2428 Alloway Dr, Fort Worth, TX, 76119

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.9 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size12,720 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APN30010-1-7
Lot Number7
SubdivisionNorth Glen Addition
Land UseResidential
Legal DescriptionNORTH GLEN ADDITION BLOCK 1 LOT 7
Census Tract104605
Assessed Land Value$32,720
Assessed Improvement Value$167,312
Assessment Year2025

About this property

Great investment property with a ton of upside and features that provide a number of flexible future options. This property sits on a very huge and has an abundance of living space. This home is within the heart of Fort Worth, the architectural style combined with the size and space provides buyers with multiple options on how to make it their own or investors looking for a project to make very worthy to themselves. There's additional room and that can be a bedroom, or an office and it has an extra full bathroom within the property below the garage that provides options as well. A three plus one bedroom plus a three full bathroom. This home must be seen.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$233,063Estimated Mortgage Balance
$42,937Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,815
$200,032
2025
$32,720
$167,312
$200,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,815
$200,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Fha
$247,055
Yes
First
Apr 20, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,063
$42,937
15%
84%
$1,482/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,482/mo
+$445/mo
8.4%

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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2428 Alloway Dr | Property Details | No Agent List