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$218,824

2512 S Jones St, Fort Worth, TX, 76104

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
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

Property Icon
$218,824
Estimated Property Value
$191,468Estimated Mortgage Balance
$23,202Estimated Equity
13% 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

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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%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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2512 S Jones St | Property Details | No Agent List