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$175,000

3121 Olive Pl, Fort Worth, TX, 76116

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,019 sqft

Building Information

Year Built1961
Stories1
Garage Spaces1

Land Information

APN2970-6-3D
Lot Number3D
SubdivisionBoaz, Z Country Place Addition
Land UseResidential
Legal DescriptionBOAZ, Z COUNTRY PLACE ADDITION BLOCK 6 LOT 3D
Census Tract102301
Assessed Land Value$80,152
Assessed Improvement Value$89,312
Assessment Year2025

About this property

Bring all your buyers to see this home that has lots of potential. It has 3 bedrooms and 2 full baths. The living room is nice sized, it has a fairly large kitchen with room to expand it. Primary bath has partially remodeled in the last several years. It also has a 1car attached garage with an attached 2 car carport and a large back yard. It would make a great retirement home or rental property. The seller does not accept blind offers or escalation clauses. Buyer to verify all information.

Investor Tools

$74,723Estimated Mortgage Balance
$161,277Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

Michelle Long

Texas DFW Homes RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$295
$169,464
2025
$80,152
$89,312
$169,464
No

Tax History

Year
Tax Paid
Assessed Value
2025
$295
$169,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$139,500
No
First
Aug 14, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,723
$161,277
68%
32%
$645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$645/mo
+$1,282/mo
9.8%

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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