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$320,000

NAL Estimated Property Value

2600 W 7th Street 2428, Fort Worth, TX, 76107

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,263 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$288.99 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Convection Oven
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Other

Building Information

Year Built1928
Garage Spaces2

Land Information

APN31176C------428
Lot Number428
SubdivisionOne Montgomery Plaza Res Condo
Land UseResidential
Legal DescriptionONE MONTGOMERY PLAZA RES CONDO LOT 428 & .003292% OF COMMON AREA PER PLAT D211061556
Census Tract102000
Assessed Land Value$45,000
Assessed Improvement Value$249,446
Assessment Year2025

About this property

Be a part of Fort Worth's energetic 7th Street lifestyle in this luxury condo located in Fort Worth's historic Montgomery Ward Building, now an impressive loft style community, One Montgomery Plaza. This home features beautiful, updated lighting fixtures in hallway and dining. Hallway has plenty of wall space for art work or built-ins. Open floor plan with kitchen, dining area plus living area with stainless steel appliances, breakfast bar, wood flooring, and solar screens on windows. Master has ensuite luxurious master bath with separate soaking tub and shower, master closet with custom built-ins, plus medicine cabinets. Windows in living area have inside corridor views of community restaurants and shopping plus active lifestyle. 2 parking spaces. Absolutely beautiful condo, East Tower. Resort style amenities which include pool, spa, showers, putting green, grill + table areas, cabanas, views of downtown, social area, media room, and fitness center. Walk, bike to FW's Trinity Trails.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$149,481Estimated Mortgage Balance
$170,519Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
$758/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,024
$294,446
2025
$45,000
$249,446
$294,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,024
$294,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$154,063
No
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,481
$170,519
53%
47%
$924/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,682/mo
$-382/mo
4.9%

City: Fort Worth

2600 W 7th Street 2428 | Property Details | No Agent List