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$257,000

NAL Estimated Property Value

300 Emma St, Fort Worth, TX, 76111

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,484 Sq Ft
DuplexDuplex
price_per_sqft$197.78 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Ice Maker, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size8,006 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN28160-16-11
Lot Number11
SubdivisionNies & Rouse Addition
Land UseResidential
Legal DescriptionNIES & ROUSE ADDITION BLOCK 16 LOT 11
Census Tract101202
Assessed Land Value$40,035
Assessed Improvement Value$57,919
Assessment Year2025

About this property

Wow! A fantastic investment opportunity featuring a fully renovated, income-producing duplex situated on an oversized corner lot. The property includes a 2-bedroom, 1-bath unit currently leased at $1,500 a month on a new 2-year term. The second unit is a studio-style efficiency with a projected rental income of $1,050 a month; this unit is currently vacant by design, allowing the new owner total flexibility. Notably, the efficiency unit qualifies for a $1,260 monthly voucher through Tarrant County Housing (Section 8) based on the zip code. Extensive recent renovations include foundation repairs, a new roof, new LVP flooring, fresh interior and exterior paint, some updated windows, and new doors. Both units feature modern finishes, including new kitchen cabinets, granite countertops, new stainless steel appliances, updated bathrooms, new ceiling fans, and upgraded light fixtures. Climate control is provided by brand-new mini-split AC and heating units throughout. With a recent appraisal value of $280,000, this turnkey property is ready for immediate income generation.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$154,553Estimated Mortgage Balance
$102,897Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,144
$97,954
2025
$40,035
$57,919
$97,954
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,144
$97,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Purchase Money Mortgage
$155,000
No
First
May 13, 2026
Jun 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,553
$133,447
46%
60%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$930/mo
+$997/mo
9.0%

City: Fort Worth

300 Emma St | Property Details | No Agent List