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$263,000

NAL Estimated Property Value

2816 S Hills Avenue, Fort Worth, TX, 76109

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths936 Sq Ft
price_per_sqft$160.15 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,698 sqft

Building Information

Year Built1947
Stories1
Garage Spaces1

Land Information

APN2860-25-2
Lot Number2
SubdivisionBluebonnet Hills
Land UseResidential
Legal DescriptionBLUEBONNET HILLS BLOCK 25 LOT 2
Census Tract104301
Assessed Land Value$114,000
Assessed Improvement Value$107,051
Assessment Year2025

About this property

BACK ON THE MARKET!! Home was under contract while still Coming Soon. Won't last long! Located near TCU just minutes away from West 7th and downtown FW. This property includes 3 large bedrooms with great closet space, a large fenced-in backyard, and a detached garage for storage. Kitchen was recently renovated and includes granite countertops. Recently repainted throughout and new carpet was installed last year. New roof was installed in 2016. Brand new pipes and gas lines were installed in 2017. Perfect for anyone wanting to live in a prime location or for an investor looking for a rental property near TCU. Property is currently leased through May 31st, 2020 at $1285 per month. Click the virtual tour link!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$0Estimated Mortgage Balance
$263,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,960
$221,051
2025
$114,000
$107,051
$221,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,960
$221,051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,000
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
9.8%

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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2816 S Hills Avenue | Property Details | No Agent List