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$250,000

3241 Centennial Rd, Forest Hill, TX, 76119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.47 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size8,398 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN7730-5-18
Lot Number18
SubdivisionCollege Oaks Addn-Forest Hill
Land UseResidential
Legal DescriptionCOLLEGE OAKS ADDN-FOREST HILL BLOCK 5 LOT 18
Census Tract111104
Assessed Land Value$25,200
Assessed Improvement Value$189,223
Assessment Year2025

About this property

A wonderful 3BD-2BA-2GA Forest Hill home. Home was fully renovated in 2013 and a new roof was installed 2023. Your new home will feature two separate living areas. Eat-in kitchen is equipped with ceramic tile flooring, white appliance package, and plenty of cabinet space for storage. New carpet throughout and ceiling fans in each bedroom for your comfort. Huge fenced in backyard great for family, friends, and pets. Fort Worth ISD and easy access to I-20.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$245,471Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,638
$214,423
2025
$25,200
$189,223
$214,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,638
$214,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Unknown
$245,471
No
First
Aug 18, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,156
N/A
0%
100%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,472/mo
+$455/mo
9.9%

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.

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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: Forest Hill

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3241 Centennial Rd | Property Details | No Agent List