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$317,000

NAL Estimated Property Value

2916 Olive Place, Fort Worth, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.36 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size11,099 sqft

Building Information

Year Built1953
Stories1

Land Information

APN15740-2-14
Lot Number14
SubdivisionGolf Hill Addition
Land UseResidential
Legal DescriptionGOLF HILL ADDITION BLOCK 2 LOT 14
Census Tract102301
Assessed Land Value$88,800
Assessed Improvement Value$202,742
Assessment Year2025

About this property

Beautifully updated home in desirable Ridglea area. Updated kitchen, baths, flooring, paint, pergola, deck, etc. Home features two bedrooms and two full baths with large split primary suite with custom tiled walk-in shower. Kitchen with granite countertops, SS appliances and dining bar open to large living area with beautiful wood burning fireplace and new laminate flooring. Gorgeous, light filled dining area with original refinished hardwoods and custom sliding barn doors. French doors lead from primary bedroom as well as living room onto a wonderful deck made for outdoor living and entertaining. Huge backyard with custom wood fence and storage shed. Plenty of room for RV, boat with large access gate on side

Investor Tools

Property Icon
$317,000
Estimated Property Value
$214,451Estimated Mortgage Balance
$102,549Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,542
$291,542
2025
$88,800
$202,742
$291,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,542
$291,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$240,405
Yes
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,451
$102,549
32%
68%
$1,442/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,442/mo
+$14/mo
5.5%

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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2916 Olive Place | Property Details | No Agent List