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$260,000

NAL Estimated Property Value

2912 Cortez Drive, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,513 Sq Ft
price_per_sqft$118.9 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,596 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN46075-10-38
Lot Number38
SubdivisionWestern Hills Add Sec Iii-Viii
Land UseResidential
Legal DescriptionWESTERN HILLS ADD SEC III-VIII BLOCK 10 LOT 38
Census Tract105201
Assessed Land Value$35,000
Assessed Improvement Value$167,409
Assessment Year2025

About this property

MULTIPLEOFFERS, Highest and best in by noon Monday June 8th! This well-maintained home shows all the pride of homeownership. This 3 bedroom, 2 full bath home offers new Luxury Vinyl Plank, new carpet, new light fixtures, and fresh paint. High-end aluminum roof with transferable warranty. The high-efficiency windows and back door are great upgrades that will keep your bills low. The covered patio looks out on the lush backyard. The master bedroom has double sinks & walk-in closet. The open concept kitchen has quartz countertops & lots of storage, it opens to the dining room & living room with vaulted ceilings. Gutters with gutter guards. You will definitely not want to miss out on this gem!

Investor Tools

Property Icon
$260,000
Estimated Property Value
$176,867Estimated Mortgage Balance
$83,133Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,988
$202,409
2025
$35,000
$167,409
$202,409
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,988
$202,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Va
$199,485
Yes
First
Jul 2, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,867
$83,133
31%
68%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,197/mo
+$730/mo
8.9%

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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2912 Cortez Drive | Property Details | No Agent List