Last 24 Hours
$362,000
NAL Estimated Property Value2745 May St, Fort Worth, TX, 76110
Off Market
4 Beds
2 Bath
1,772 Sq Ft
Triplex
$90.29 / sqft
Built in 1925Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage AvailableAppliancesGas Range, Refrigerator
FlooringCarpet
Exterior
Lot Size7,497 sqft
Building Information
Year Built1925
Stories1
Garage Spaces1
Land Information
APN39450-2-12
Lot Number12
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 2 LOT 12
Census Tract104502
Assessed Land Value$42,500
Assessed Improvement Value$52,125
Assessment Year2025
About this property
PRICED REDUCED and MOTIVATED TO SELL! Calling all Investors, Great investment opportunity with immediate cash flow. Property is offered in “AS IS CONDITION”. RARE OPPORTUNITY TO BUY Triple units. Two Miles from TCU. 1 bedroom, 1 bath, kitchen and living area with current rent of $847.00 per month per unit(landlord pays utilities). Unit A is recently vacant, Unit B is month to month, Unit C is vacant and needs remodel.
Investor Tools
$362,000
Estimated Property Value
$215,655Estimated Mortgage Balance
$146,345Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,558
$94,625
2025
$42,500
$52,125
$94,625
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,558
$94,625
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$244,800
No
First
Nov 27, 2019
Dec 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,655
$146,345
40%
60%
$1,241/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,241/mo
+$1,144/mo
7.9%
12.4%