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$265,000

3240 Lipscomb Street, Fort Worth, TX, 76110

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.18 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Vented Exhaust Fan

Exterior

Lot Size7,497 sqft

Building Information

Year Built1926
Stories1
Garage Spaces1

Land Information

APN39450-44-14
Lot Number14
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 44 LOT 14
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$252,802
Assessment Year2025

About this property

Welcome home to 3240 Lipscomb Street, a beautifully reimagined 1926 Craftsman JEWEL where historic soul meets complete MODERN peace of mind. Tucked away in a highly desirable, pedestrian-friendly Fort Worth neighborhood near TCU, this single-story sanctuary features 3 spacious bedrooms, 2 updated bathrooms, and over 1,730 square feet of bright, FLUID LIVING SPACE designed for making memories. From the moment you step through the door, you are greeted by an OPEN, sun-drenched layout infused with a deeply comforting, HOSPITABLE ATMOSPHERE. Gather around the focal brick fireplace on chilly evenings or unwind beneath the breeze of a crisp ceiling fan. MODERN CULINARY dreams come alive with PREMIUM granite countertops, GENEROUS cabinetry, and HIGH-END stainless steel appliances that make entertaining a breeze. Three COMFORTABLE BEDROOMS offer a quiet escape from the day, complete with sleek updates & ample natural light. Step outside into your personal BACKYARD OASIS, perfectly tailored for both lively weekend BBQ's and quiet morning coffee. A spacious wooden deck sits ready for lounge chairs and outdoor dining and the attached carport and extended driveway provide effortless parking. Enjoy all the aesthetic character of a historic property without any of the typical maintenance stress. This home features over $40,000 in stunning recent capital upgrades, offering true turnkey value. Brand New Electrical Panel & Sub-Panel (Installed in 2026)Brand New Composition Roof (Installed in 2024) Upgraded Hot Water Heater (Replaced in 2020) No HOA Fees: Ultimate freedom to make this space entirely your own.Step out your door & immerse yourself in one of the most vibrant communities in town. You are just minutes away from the campus life of TCU, local parks, pristine walking trails, & a premier array of shopping and dining. With an exceptionally MOTIVATED seller open to negotiating terms, this EXCEPTIONAL BLEND of classic charm & modern utility is ready to welcome its next chapter.

Investor Tools

Property Icon
$295,302
Estimated Property Value
$0Estimated Mortgage Balance
$116,539Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,772 /month
Positive
Cash Flow Estimate:
$591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,415
$295,302
2025
$42,500
$252,802
$295,302
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,415
$295,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$199,200
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,763
$116,539
39%
61%
$1,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,195/mo
+$732/mo
7.8%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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