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$982,000

NAL Estimated Property Value

2714 Waits Ave, Fort Worth, TX, 76109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.38 / sqft
Year BuiltBuilt in 1932

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,797 sqft

Building Information

Year Built1932
Garage Spaces2

Land Information

APN44210-44-12-30
Lot Number12
SubdivisionUniversity Place Addition
Land UseResidential
Legal DescriptionUNIVERSITY PLACE ADDITION BLOCK 44 LOT 12 N40' LOT 12 S20' 13
Census Tract104301
Assessed Land Value$234,000
Assessed Improvement Value$352,672
Assessment Year2025

About this property

This lovely home is nestled on a street with trees overhanging the road in the highly desirable neighborhood of University Place. The front of the home offers beautiful landscaping and an open patio perfect for visiting. The home has been completely remodeled with a new kitchen, laundry and baths. The kitchen features white cabinets, a coffee bar with pot filler and updated appliances. The baths feature custom built in cabinets and heated tile floors! The living area has a fireplace and two sets of French doors with one side opening to the dining area and the other to a sun room or office area. The home offers a furnished apartment over the garage, a covered side porch, herb garden and rocked patio.

Investor Tools

Property Icon
$982,000
Estimated Property Value
$0Estimated Mortgage Balance
$982,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,892 /month
Positive
Cash Flow Estimate:
$1,964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,299
$586,672
2025
$234,000
$352,672
$586,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,299
$586,672

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$982,000
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
2.6%

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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2714 Waits Ave | Property Details | No Agent List