$298,342
NAL Estimated Property Value3228 S Adams Street, Fort Worth, TX, 76110
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesGas Range
FlooringCeramic Tile, Laminate
Exterior
Lot Size7,497 sqft
Building Information
Year Built1926
Stories1
Garage Spaces2
Land Information
APN39450-42-8
Lot Number8
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 42 LOT 8
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$255,842
Assessment Year2025
About this property
MUST SEE!!! Beautiful Craftsman home built in 1926. New interior paint, and new flooring throughout. Kitchen has updated cabinets with new granite countertops. The HVAC is 2 years old along with a one year old tankless water heater. Bonus 200 sqft enclosed back patio. Minutes away from Downtown Fort Worth and the TCU area. You can relax on the cozy front porch and drink a cold glass of tea in the summer months.
Investor Tools
$298,342
Estimated Property Value
$230,726Estimated Mortgage Balance
$67,616Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,790 /month
Positive
Cash Flow Estimate:
$597 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$541/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,004
$298,342
2025
$42,500
$255,842
$298,342
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,004
$298,342
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fort Worth Community Cu
Credit Line (Revolving) / Heloc
$39,550
No
First
Oct 22, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,726
$67,616
22%
77%
$1,679/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,679/mo
+$248/mo
7.8%
