$218,824
NAL Estimated Property Value2512 S Jones St, Fort Worth, TX, 76104
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Cooktop
FlooringCeramic Tile
Exterior
Lot Size5,497 sqft
Building Information
Year Built1943
Garage Spaces171
Land Information
APN45870-7-6
Lot Number6
SubdivisionWest Morningside Addition
Land UseResidential
Legal DescriptionWEST MORNINGSIDE ADDITION BLOCK 7 LOT 6
Census Tract104502
Assessed Land Value$33,000
Assessed Improvement Value$185,824
Assessment Year2025
About this property
Charming single-story home located minutes from downtown Fort Worth! This 2-bedroom, 1-bath residence offers a bright and open living space, perfect for first-time buyers or investors. Enjoy a spacious living room, a cozy dining area, and a functional kitchen ready for your personal touch. The home sits on a quiet street with a generous backyard, ideal for entertaining, gardening, or expansion. Convenient access to I-35W, schools, hospitals, and vibrant city life. Don’t miss this affordable opportunity in a growing neighborhood!
Investor Tools
$218,824
Estimated Property Value
$195,622Estimated Mortgage Balance
$23,202Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,313 /month
Positive
Cash Flow Estimate:
$438 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,910
$218,824
2025
$33,000
$185,824
$218,824
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,910
$218,824
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$7,659
No
First
May 30, 2025
May 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,622
$23,202
10%
89%
$1,194/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,194/mo
+$733/mo
10.6%
