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$247,000

NAL Estimated Property Value

3012 Mt Vernon Avenue, Fort Worth, TX, 76103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,691 Sq Ft
price_per_sqft$62.09 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size6,996 sqft

Building Information

Year Built1926
Stories1
Garage Spaces2

Land Information

APN41120-53-4
Lot Number4
SubdivisionSycamore Heights
Land UseResidential
Legal DescriptionSYCAMORE HEIGHTS BLOCK 53 LOT 4
Census Tract101500
Assessed Land Value$21,000
Assessed Improvement Value$83,538
Assessment Year2025

About this property

*MULTIPLE OFFERS RECEIVED. DEADLINE FOR OFFERS MONDAY JUN 28, 2PM**Calling all experienced investors and flippers! Investor Special! This 3 bed and 1.5 bath needs a full renovation to bring it back to life! The front elevation has been updated to get you started. This home will need foundation, roof, HVAC, and full interior cosmetics. Great rental area or a perfect fix and flip. Being sold as-is. Bring your best Cash Offers!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,833
$104,538
2025
$21,000
$83,538
$104,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,833
$104,538

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
9.4%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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3012 Mt Vernon Avenue | Property Details | No Agent List