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$240,000

NAL Estimated Property Value

360 W Southern Ave, Saginaw, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.43 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,326 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN33470-6-14
Lot Number14
SubdivisionRancho North Addition
Land UseResidential
Legal DescriptionRANCHO NORTH ADDITION BLOCK 6 LOT 14
Census Tract114006
Assessed Land Value$55,000
Assessed Improvement Value$180,430
Assessment Year2025

About this property

One Story 3 bedroom home with 2 Baths in the Heart of Saginaw Just North Of Downtown Fort Worth. Ideal Location and convenient to Loop 820 for easy commutes around the DFW Metroplex. Minutes from Fort Worth Meacham International Airport, Tarrant County College, Lockheed Martin, Marine Creek Lake, Eagle Mountain Lake, Lake Worth & the Naval Air Station Joint Reserve Base in Fort Worth. Enjoy all the amenities Saginaw has to offer including expansive central parks with playgrounds, ball fields, pavilions, city water park and more! The home features neutral color carpet throughout with lots of built-in cabinetry and the kitchen has Gas Cooking with a double sink and a full-size laundry room nearby. There is a covered patio overlooking the treed fenced backyard PLUS one of the best features of this home is it offers a 2 car garage in addition to either a 2 car carport which could also be used as Boat or Trailer Storage. It also has a storage building outback and a 10x20 Shop with power.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$199,217Estimated Mortgage Balance
$40,783Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,686
$235,430
2025
$55,000
$180,430
$235,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,686
$235,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$205,000
No
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,217
$40,783
16%
83%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,230/mo
+$1,480/mo
13.6%

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.

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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: Saginaw

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360 W Southern Ave | Property Details | No Agent List