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$282,743

NAL Estimated Property Value

2942 Major Street, Fort Worth, TX, 76112

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.4 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringWood

Exterior

Exterior FeaturesStorage
Lot Size14,998 sqft

Building Information

Year Built1953
Stories1

Land Information

APN41700----4----5---20
Lot Number5-8
SubdivisionThielman, E L Subdivision
Land UseResidential
Legal DescriptionTHIELMAN, E L SUBDIVISION BLOCK 4 LOT 5 7 & 8
Census Tract101302
Assessed Land Value$46,942
Assessed Improvement Value$235,801
Assessment Year2025

About this property

Fabulous home full of character and charm located in the heart of DFW. Minutes from main highways for easy commuting. This home has plenty of storage, 3 spacious bedrooms, and an office great for working from home. The house includes a bonus family room great for entertaining. So many features to love the inside but wait until you see the huge fully fenced-in back yard and deck. Right on time for summer cookouts with the family. Come and take a look before it’s gone!

Investor Tools

Property Icon
$282,743
Estimated Property Value
$219,534Estimated Mortgage Balance
$63,209Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,431
$282,743
2025
$46,942
$235,801
$282,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,431
$282,743

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$242,250
No
First
Jun 11, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,534
$63,209
22%
78%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,453/mo
+$474/mo
8.2%

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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2942 Major Street | Property Details | No Agent List