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$490,000

3139 Lipscomb St, Fort Worth, TX, 76110

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.41 / sqft
Year BuiltBuilt in 1917

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,497 sqft

Building Information

Year Built1917
Stories2
Garage Spaces1

Land Information

APN39450-38-10
Lot Number10
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 38 LOT 10
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$225,755
Assessment Year2025

About this property

Amazing Authentic craftsman style home built in 1917 and fully updated. Adjacent to a beautiful well lighted neighborhood park with playground, tennis courts, work out equipment, bike rental stand, walking jogging path, picnic pavilion, benches, and bandstand. Huge wrap around porch. Original wood floors and high ceilings. Updated kitchen with custom cabinets and granite countertops. The master bath includes a vintage clawfoot tub and granite countertops. Two living areas, 1 a rock fireplace, the other over looking a flagstone patio with walking paths and large trees. Detached garage is wired with a workshop. 4th bedroom uses an armoire for a closet. Slate look Composition Class 4 roof for lower insurance.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$195,000Estimated Mortgage Balance
$307,258Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,933
$268,255
2025
$42,500
$225,755
$268,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,933
$268,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$195,000
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,742
$307,258
63%
37%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,170/mo
+$757/mo
4.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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3139 Lipscomb St | Property Details | No Agent List