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$296,000

NAL Estimated Property Value

3221 Lipscomb St, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,505 Sq Ft
price_per_sqft$209.3 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Microwave
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,497 sqft

Building Information

Year Built1925
Stories1
Garage Spaces1

Land Information

APN39450-45-6
Lot Number6
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 45 LOT 6
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$57,206
Assessment Year2025

About this property

Discover the perfect blend of comfort and convenience with this charming 3 bedroom, 2 bathroom home near TCU University. Ideal for families or students the prime location offers easy access to TCU University and its vibrant community. The residence features 3 spacious bedrooms, 2 bathrooms, and a well-appointed kitchen. Enjoy the nearby park for outdoor activities and relaxation. Whether you're looking for a place to call home near campus or seeking a welcoming neighborhood atmosphere, this property promises a delightful living experience. Don't miss your chance to explore everything this desirable location has to offer—schedule a viewing today! Note photos featuring furniture staging are digital, virtual renderings, staged.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$211,516Estimated Mortgage Balance
$84,484Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,885
$99,706
2025
$42,500
$57,206
$99,706
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,885
$99,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$218,000
No
First
Sep 23, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,516
$84,484
28%
71%
$1,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,308/mo
+$619/mo
7.8%

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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3221 Lipscomb St | Property Details | No Agent List