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$201,056

NAL Estimated Property Value

3608 N Grove Street, Fort Worth, TX, 76106

Off MarketInfo
CommercialInfo
Baths440 Sq Ft
IndustrialIndustrial
price_per_sqft$292.05 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

FlooringLaminate

Exterior

Lot Size6,247 sqft

Building Information

Year Built2019

Land Information

APN14570-30-10
Lot Number10
SubdivisionFostepco Heights Addition
Land UseCommercial
Legal DescriptionFOSTEPCO HEIGHTS ADDITION BLOCK 30 LOT 10
Census Tract100202
Assessed Land Value$89,062
Assessed Improvement Value$111,994
Assessment Year2025

About this property

Light Industrial location. Newly completed office with central heat and air and two office spaces. Fully fenced property with 220 amp electrical service is installed. The lot measures 6,250 square feet.

Investor Tools

Property Icon
$201,056
Estimated Property Value
$152,229Estimated Mortgage Balance
$48,827Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,511
$201,056
2025
$89,062
$111,994
$201,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,511
$201,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ten 1 Ten Investments Llc
Purchase Money Mortgage
$159,200
No
First
Dec 15, 2023
Dec 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,229
$48,827
24%
76%
$955/mo

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.

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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3608 N Grove Street | Property Details | No Agent List