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$648,000

NAL Estimated Property Value

2553 Wabash Ave, Fort Worth, TX, 76109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,590 Sq Ft
price_per_sqft$361.64 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher
FlooringHardwood, Vinyl

Exterior

Lot Size7,196 sqft

Building Information

Year Built1924
Stories1
Garage Spaces1

Land Information

APN44210-11-14
Lot Number14
SubdivisionUniversity Place Addition
Land UseResidential
Legal DescriptionUNIVERSITY PLACE ADDITION BLOCK 11 LOT 14
Census Tract104204
Assessed Land Value$432,000
Assessed Improvement Value$103,000
Assessment Year2025

About this property

MULTIPLE OFFERS received - please submit highest & best offer by 5 PM on Tuesday, April 15. Hello, Sunshine! Welcome to this irresistible TCU bungalow, perfectly located just steps from campus! Bursting with charm, this home features original hardwood floors, enchanting built-ins, and a flood of natural light that makes every room feel bright and cheerful. With 3 spacious bedrooms, 2 updated full baths, and the potential for a bonus garage apartment, this property offers plenty of room for everyone. The updated kitchen and bathrooms blend modern comfort with classic style, making everyday living a little more convenient. Enjoy your morning coffee on the inviting front porch or unwind on the cozy back porch—both ideal spots for soaking up the sunshine and creating your own outdoor oasis. Don't miss this rare gem full of character, space, and unbeatable location!

Investor Tools

Property Icon
$648,000
Estimated Property Value
$943,096Estimated Mortgage Balance
$648,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,888 /month
Positive
Cash Flow Estimate:
$1,296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,005
$535,000
2025
$432,000
$103,000
$535,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,005
$535,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Unknown
$480,000
No
First
May 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$943,096
N/A
0%
146%
$5,756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
$5,756/mo
$-3,616/mo
4.0%

City: Fort Worth

2553 Wabash Ave | Property Details | No Agent List