Last 24 Hours
$149,577
NAL Estimated Property Value2831 Prospect Ave, Fort Worth, TX, 76106
$194,450 ARV
Off Market
Commercial
— Beds
— Bath
2,112 Sq Ft
Built in 1950Highlights
Interior
Bedrooms —
Bathrooms —FlooringOther
Exterior
Lot Size6,996 sqft
Building Information
Year Built1950
Land Information
APN12600-54-15
Lot Number15
SubdivisionEllis, M G Addition
Land UseOther / Unknown
Legal DescriptionELLIS, M G ADDITION BLOCK 54 LOT 15
Census Tract100300
Assessed Land Value$7,000
Assessed Improvement Value$142,577
Assessment Year2025
About this property
This very nicely sized lot has great potential in an established neighborhood. It is a great investment opportunity to rehab and use, or to demo and build residential. The choice is yours! Make us an offer.
Investor Tools
$149,577
Estimated Property Value
$137,325Estimated Mortgage Balance
$12,252Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$194,450
Rent-to-Value Ratio: 0.72%
Rent Estimate
$897 /month
Positive
Cash Flow Estimate:
$299 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$149,577
2025
$7,000
$142,577
$149,577
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$149,577
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Purchase Money Mortgage
$140,000
No
First
Apr 30, 2025
May 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,325
$12,252
8%
92%
$840/mo
12.4%