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$574,000

NAL Estimated Property Value

2820 Merrimac Street, Fort Worth, TX, 76107

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,123 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.96 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size2,766 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN24060-15-4R1
Lot Number4R1
SubdivisionLinwood Addition
Land UseResidential
Legal DescriptionLINWOOD ADDITION BLOCK 15 LOT 4R1
Census Tract102000
Assessed Land Value$150,000
Assessed Improvement Value$384,545
Assessment Year2025

About this property

This Village built townhome is a must see! Located just off of 7th St. Walking distance to dining, shopping and Linwood Park. One of a kind upgrades and decorator touches throughout. This corner unit features a beautiful fenced in patio area complete with retaining wall and landscaping. Inside you will find a gas fireplace in the living area. Kitchen island has been enlarged with open shelving and upgraded granite. Pantry has been extended to provide tons of storage. Office area was added behind the kitchen. Half bath downstairs features a beautiful wallpaper mural imported from Spain. Guest bath has a walk in shower and added linen. Master features two walk in closets. You won't be disappointed!

Investor Tools

Property Icon
$574,000
Estimated Property Value
$383,746Estimated Mortgage Balance
$190,254Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,444 /month
Positive
Cash Flow Estimate:
$1,148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,812
$534,545
2025
$150,000
$384,545
$534,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,812
$534,545

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Credit Line (Revolving) / Heloc
$400,000
No
First
Feb 2, 2024
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,746
$190,254
33%
67%
$2,399/mo

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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2820 Merrimac Street | Property Details | No Agent List