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$482,000

NAL Estimated Property Value

2809 Wayside Avenue, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,360 Sq Ft
DuplexDuplex
price_per_sqft$169.49 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Electric Water Heater
FlooringCarpet, Concrete

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size6,247 sqft

Building Information

Year Built2004
Stories2

Land Information

APN14810-18-16
Lot Number16
SubdivisionFrisco Heights Addition
Land UseResidential
Legal DescriptionFRISCO HEIGHTS ADDITION BLOCK 18 LOT 16
Census Tract104302
Assessed Land Value$125,000
Assessed Improvement Value$246,000
Assessment Year2025

About this property

Investors, take note of this fully occupied income producing free-standing duplex with no HOA in the highly desirable TCU area. You could renew leases or live in one side. Each unit, one upstairs unit and one downstairs unit, mirrors the other with 3 Bedroom 2 bath, and a spacious kitchen that opens to a generously sized living area. Each unit also includes a refrigerator and washer and dryer. There is plenty of parking for your tenants in front of the building. This property is within walking distance of Paschal HS, and in very easy range of shopping, entertainment and dining choices, close to TCU, the Medical District, Fairmount, Magnolia Ave. and downtown Fort Worth. Do not disturb tenants.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$325,519Estimated Mortgage Balance
$156,481Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$930/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,751
$371,000
2025
$125,000
$246,000
$371,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,751
$371,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Fha
$357,142
Yes
First
Sep 3, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,519
$156,481
32%
68%
$2,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,142/mo
$-215/mo
4.8%

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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2809 Wayside Avenue | Property Details | No Agent List