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$120,000

2931 Hemphill St, Fort Worth, TX, 76110

PendingInfo
Beds1 Beds
Baths1 Bath
Baths1,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.46 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesNone

Exterior

Lot Size7,497 sqft

Building Information

Year Built1956

Land Information

APN39450-21-9
Lot Number9
SubdivisionSouth Hemphill Heights Addn
Land UseCommercial
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 21 LOT 9
Census Tract104502
Assessed Land Value$15,000
Assessed Improvement Value$85,000
Assessment Year2025

About this property

Exceptional investment opportunity in the heart of Fort Worth! Located just minutes from La Gran Plaza in a high traffic corridor, 2931 Hemphill offers outstanding potential for investors, developers, or owner-users looking to bring new life to a well positioned property. The existing concrete block structure provides a solid starting point for renovation or redevelopment, subject to buyer verification and applicable zoning requirements. Large paved area in backyard where you can park various vehicles and play area. Its prime location offers excellent visibility, convenient access to major roadways, nearby businesses, restaurants, and shopping, with strong traffic counts that enhance its future potential. The property is currently zoned residential. Please submit highest and best before Wednesday 08-05 12PM.

Investor Tools

$0Estimated Mortgage Balance
$100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,189
$100,000
2025
$15,000
$85,000
$100,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,189
$100,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,000
100%
0%
$0/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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2931 Hemphill St | Property Details | No Agent List