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$163,000

NAL Estimated Property Value

3225 Gordon Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths893 Sq Ft
price_per_sqft$145.58 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone
FlooringOther

Exterior

Lot Size6,247 sqft

Building Information

Year Built1945
Stories1
Garage Spaces1

Land Information

APN6050-19-7
Lot Number7
SubdivisionByers & Mccart Addition
Land UseResidential
Legal DescriptionBYERS & MCCART ADDITION BLOCK 19 LOT 7
Census Tract104803
Assessed Land Value$37,500
Assessed Improvement Value$69,241
Assessment Year2025

About this property

GREAT RENTAL INCOME POTENTIAL NEAR TEXAS CHRISTIAN UNIVERSITY! Unleash the Potential at 3225 Gordon Avenue, a charming fixer-upper brimming with opportunity. Located just a mile from the vibrant TCU campus. This property boasts excellent rental income potential once renovations are complete. Horned Frog football fans can rejoice and enjoy the thrill of game days with a quick commute to Amon G. Carter Stadium! This blank canvas offers a chance to create your vision. Weather you envision a modern student haven or a cozy family home, the possibilities are endless. Roll up your sleeves and personalize the space to maximize its potential. TCU students are always on the lookout for stylish and convenient off-campus housing. This property’s close proximity to TCU positions it to be highly attractive to renters. DON’T MISS OUT ON THIS FANTASTIC CHANCE TO INVEST IN YOUR FUTURE! SEIZE THE OPPORTUNITY TO TRANSFORM THIS PROPERTY AND REAP THE REWARDS OF A LUCRATIVE RENTAL INCOME!

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,395
$106,741
2025
$37,500
$69,241
$106,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,395
$106,741

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
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
14.2%

City: Fort Worth

3225 Gordon Ave | Property Details | No Agent List