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$205,000

NAL Estimated Property Value

2922 Lee Avenue, Fort Worth, TX, 76106

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths924 Sq Ft
price_per_sqft$211.04 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Water Heater
FlooringCeramic Tile

Exterior

Lot Size6,996 sqft

Building Information

Year Built1944
Stories1

Land Information

APN12600-71-13
Lot Number13
SubdivisionEllis, M G Addition
Land UseResidential
Legal DescriptionELLIS, M G ADDITION BLOCK 71 LOT 13
Census Tract100300
Assessed Land Value$49,000
Assessed Improvement Value$106,000
Assessment Year2025

About this property

From top to bottom, this home has been redone and is ready for you. The extensive remodel and update make this home a fantastic starter home or investment property. Within the last year, all major systems including the roof, all new electric system, a new air conditioning system and the sewer lines have been replaced as well. The list of updating includes new siding, vinyl windows, light fixtures, ceiling fans, cabinetry and countertops, a new oven and stove, garbage disposal, fully remodeled bathroom. The shed located at the back of the home has full electricity and air conditioning as well to make a very functional space for an office or studio. Very large heavily shaded lot, to create your vision of outdoor living space. There is a full security fence surrounding the property. Home will be sold as is.

Investor Tools

Property Icon
$205,000
Estimated Property Value
$437,648Estimated Mortgage Balance
$205,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,927
$155,000
2025
$49,000
$106,000
$155,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,927
$155,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dominion Financial Services Llc
Unknown
$220,500
No
First
Aug 2, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,648
N/A
0%
213%
$2,822/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,822/mo
$-895/mo
11.3%

City: Fort Worth

2922 Lee Avenue | Property Details | No Agent List