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$145,000

3232 Illinois Avenue, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.32 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Range
FlooringCarpet, Wood

Exterior

Lot Size6,325 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN26755-9-29
Lot Number29
SubdivisionMorningside Park Addition
Land UseResidential
Legal DescriptionMORNINGSIDE PARK ADDITION BLOCK 9 LOT 29
Census Tract104505
Assessed Land Value$18,975
Assessed Improvement Value$165,271
Assessment Year2025

About this property

Updated and move in ready home! 3 bed, 1 bath home located on a great lot with a large back yard. Spacious living area, fresh interior and exterior paint, original hardwood floors, decorative lighting, the kitchen is open to the dining area which leads to the open back yard. Ideally located near I35 and just minutes to downtown Fort Worth. This home is light, bright and ready to move in, don't wait .

Investor Tools

Property Icon
$184,246
Estimated Property Value
$0Estimated Mortgage Balance
$66,441Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,105 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,134
$184,246
2025
$18,975
$165,271
$184,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,134
$184,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$130,500
No
First
Apr 13, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,805
$66,441
36%
64%
$783/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$783/mo
+$1,144/mo
12.6%

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.

Explore Texas Explore This Area
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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3232 Illinois Avenue | Property Details | No Agent List