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$504,000

NAL Estimated Property Value

3024 College Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.42 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Gas Range, Other
FlooringCeramic Tile, Hardwood, Laminate, Wood

Exterior

Lot Size7,497 sqft

Building Information

Year Built1925
Stories1

Land Information

APN39450-28-18
Lot Number18
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 28 LOT 18
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$130,530
Assessment Year2025

About this property

Unique opportunity to own a historical Ft Worth craftsman style 1925 home located in the heart of the city, just minutes from TCU, Magnolia Ave., and West 7th Street. 4 bed, 2 bath home comes with all the historic charm and plenty of space for the whole family. The floorplan is perfect for first time buyers, large families, or even as an exceptional cash flowing rental. From the expansive front porch, the front living area opens to the formal dining that is right off the open kitchen prep area and into the kitchen, all the makings for culinary entertaining. And you don't want to pass on the original 100 year-old hardwood floors. The interior layout is solid and ready for its new owners to put the finishing touches and make this their own. And when you step into the large backyard, you're greeted by a nice storage unit and huge covered patio. Home is ideally located to enjoy all that Ft Worth has to offer including restaurants, shopping, and major highways. Don't, miss out on this opportunity to own this historic hidden gem.

Investor Tools

Property Icon
$504,000
Estimated Property Value
$0Estimated Mortgage Balance
$504,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,883
$173,030
2025
$42,500
$130,530
$173,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,883
$173,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$504,000
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
4.6%

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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3024 College Ave | Property Details | No Agent List