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$230,909

NAL Estimated Property Value

2500 Wallace Street, Fort Worth, TX, 76105

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.11 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesVented Exhaust Fan
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size5,798 sqft

Building Information

Year Built1956
Stories1

Land Information

APN40950-8-A-72
Lot NumberA
SubdivisionSunshine Hill
Land UseResidential
Legal DescriptionSUNSHINE HILL BLOCK 8 LOT A PLAT 388-1-555 SUB OF LTS 16 & 17
Census Tract103702
Assessed Land Value$17,400
Assessed Improvement Value$213,509
Assessment Year2025

About this property

COMPLETELY REMODELED. JUST GOT A BRAND NEW ROOF ON FEBRUARY 1 2021. SPACIOUS ROOMS WITH 10 FOOT CEILINGS. SQUARE FOOTAGE IS MORE THAN WHAT TAD SHOWS. LARGE UTILITY ROOM CAN ALMOST BE 4TH BEDROOM. COMPLETELY FENCED BACK AND FRONT YARD

Investor Tools

Property Icon
$230,909
Estimated Property Value
$146,250Estimated Mortgage Balance
$84,659Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,385 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,012
$230,909
2025
$17,400
$213,509
$230,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,012
$230,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$162,011
Yes
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,250
$84,659
36%
63%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$972/mo
+$955/mo
10.0%

City: Fort Worth

2500 Wallace Street | Property Details | No Agent List