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$318,000

3245 Lipscomb St, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range

Exterior

Lot Size7,497 sqft

Building Information

Year Built1927
Stories1

Land Information

APN39450-45-12
Lot Number12
SubdivisionSouth Hemphill Heights Addn
Land UseResidential
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 45 LOT 12
Census Tract104400
Assessed Land Value$42,500
Assessed Improvement Value$162,500
Assessment Year2025

About this property

Gorgeous craftsman style house on a big corner lot now available! This 3 bed, 2 bath home has modern updates like granite counters, fresh tile, dishwasher, stove, re-finished hardwoods and central heat and air. All 3 bedrooms are large with oversized closets and tons of natural light. Bonus 4th room has washer and dryer hookups and could be used as an office, study or bedroom as well. The back bedroom has a backdoor with covered porch that leads to the brick laid parking spots. A beautiful ornate fence and mature trees surround the property.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$183,400Estimated Mortgage Balance
$135,930Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,007
$205,000
2025
$42,500
$162,500
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,007
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$183,400
No
First
Dec 10, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,070
$135,930
42%
57%
$1,100/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,100/mo
+$827/mo
7.3%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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.

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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3245 Lipscomb St | Property Details | No Agent List