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$1,405,000

NAL Estimated Property Value

2548 Wabash Ave, Fort Worth, TX, 76109

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,005 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$449.25 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Convection Oven, Refrigerator, Washer, Wine Cooler
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,599 sqft

Building Information

Year Built1925
Stories1
Garage Spaces1

Land Information

APN44210-10-13
Lot Number13
SubdivisionUniversity Place Addition
Land UseResidential
Legal DescriptionUNIVERSITY PLACE ADDITION BLOCK 10 LOT 13
Census Tract104204
Assessed Land Value$516,000
Assessed Improvement Value$86,658
Assessment Year2025

About this property

Welcome to 2548 Wabash Avenue, a stunning blend of vintage charm and modern conveniences located one block north of TCU campus. This Craftsman style home has been meticulously renovated down to the studs - everything is brand new providing modern amenities while preserving the home's classic allure. The spacious one-level floor plan has four bedrooms and four full bathroom in the main residence. An inviting breezeway connects the main residence to a delightful guest house, complete with living room, full bathroom, loft, and kitchenette creating the ultimate getaway and flexibility for visitors, home office, or potential rental opportunities. This additional space enhances the home's versatility and value. Other notable upgrades include new HVAC, new tankless water heater, new roof, replaced sewer line, all new electrical, brand new appliances and chic designer finishes. Private grounds provide ample room for a pool. Situated just one block from TCU and moments from the prestigious Colonial Country Club, this prime location is truly unbeatable. Enjoy Fort Worth's vibrant culture, dining, and entertainment. This timeless residence presents an exceptional opportunity to own a piece of Fort Worth’s finest living! Square footage does not include loft space - apx 220 SF. Buyer to verify all information, Features List and survey.

Investor Tools

Property Icon
$1,405,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,405,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,430 /month
Positive
Cash Flow Estimate:
$2,810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,445
$602,658
2025
$516,000
$86,658
$602,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,445
$602,658

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,405,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
N/A
+$2,140/mo
1.8%

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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2548 Wabash Ave | Property Details | No Agent List