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Owner Contacts

$387,000

NAL Estimated Property Value

3237 Olive Pl, Fort Worth, TX, 76116

Off Market

3 Beds

2 Bath

1,869 Sq Ft

Single Family Residence

$178.71 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringHardwood, Tile

Exterior

Exterior FeaturesDog Run, Lighting, Storage

Lot Size9,997 sqft

Building Information

Year Built1954

Stories1

Garage Spaces3

Land Information

APN2970-7-E1

Lot NumberE1

SubdivisionBoaz, Z Country Place Addition

Land UseResidential

Legal DescriptionBOAZ, Z COUNTRY PLACE ADDITION BLOCK 7 LOT E1

Census Tract102301

Assessed Land Value$80,000

Assessed Improvement Value$288,357

Assessment Year2025

About this property

FOR SALE OR FOR RENT! OWNER FINANCING AVAILABLE This beautiful home offers great space for a growing family. It features two large living areas, three spacious bedrooms, and two full bathrooms. The open-concept layout includes a large kitchen that separates the living areas. Crown molding and neutral colors enhance the overall aesthetic, along with stylish lighting fixtures. In addition, a large two car garage in the backyard can easily be converted into a sizable game room or an extra bedroom. This property also offers ample storage, including two storage buildings. A wood fence surrounds the entire lot for added privacy and security. Large backyard and dog run, this place is perfect for large family gatherings. This wonderful home is also offered for lease and possible VA loan takeover. Easy terms and 1 to 3 year leases available. Schedule your private viewing today.

Investor Tools

$387,000

Estimated Property Value

$335,676Estimated Mortgage Balance

$51,324Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,322 /month

Positive

Cash Flow Estimate:

$774 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$691/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,352

$368,357

2025

$80,000

$288,357

$368,357

Tax History

Year

Tax Paid

Assessed Value

2024

$6,352

$368,357

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Todd Robert Shaffer

Seller Carryback / Seller Financing / Seller Take-Back

$339,636

First

Sep 4, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$335,676

$51,324

13%

87%

$2,037/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$2,037/mo

$-110/mo

6.0%

Learn About the Market: Opportunity in Fort Worth

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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.

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