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$360,000

NAL Estimated Property Value

2508 Westbrook Avenue, Fort Worth, TX, 76111

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,623 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.17 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Lighting, Storage
Lot Size7,497 sqft

Building Information

Year Built1936
Stories1
Garage Spaces1

Land Information

APN45720----2----9---20
Lot Number9-10
SubdivisionWernet Place
Land UseResidential
Legal DescriptionWERNET PLACE BLOCK 2 LOT 9 & 10
Census Tract100102
Assessed Land Value$37,500
Assessed Improvement Value$322,500
Assessment Year2025

About this property

Elegant 1930's Tudor home in the up and coming River East neighborhood, featuring 3 large bedrooms with walk-in closets and 2 full bathrooms - one being newly renovated. Spacious living and dining rooms and an eat in kitchen provide ample space for entertaining. Original glass door knobs and window moldings give this home its classic charm! Situated on a double lot, well shaded by mature trees with an oversized fully screened front porch, a covered back patio, an outdoor bar, a large storage shed, and RV or boat access. New door on the detached garage and 50 amp RV hookups. Minutes from Downtown FW and Stockyards providing tranquility of a quiet, older neighborhood with the conveniences of city life!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$262,499Estimated Mortgage Balance
$97,501Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,399
$360,000
2025
$37,500
$322,500
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,399
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$288,000
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,499
$97,501
27%
73%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,727/mo
+$200/mo
6.4%

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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2508 Westbrook Avenue | Property Details | No Agent List