Last 24 Hours
$535,000
NAL Estimated Property Value3608 Potomac Avenue, Fort Worth, TX, 76107
Off Market
2 Beds
1 Bath
1,272 Sq Ft
$314.46 / sqft
Built in 1939Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size7,850 sqft
Building Information
Year Built1939
Stories1
Garage Spaces1
Land Information
APN26480-15-9-30
Lot Number9-N2
SubdivisionMonticello Addition-Fort Worth
Land UseResidential
Legal DescriptionMONTICELLO ADDITION-FORT WORTH BLOCK 15 LOT 9 & N2' LT 10
Census Tract102101
Assessed Land Value$353,340
Assessed Improvement Value$143,660
Assessment Year2025
About this property
Quaint, charming bungalow with 50s & 60s flair! Located on beautiful Potomac Ave in heart of Monticello. Lge, spacious rms, original wd flrs. Amazing kitchen w BIG CHILL retro-style professional grade appliances-refrigerator, gas stove, dishwasher; farm sink, shiplap walls, center island, dining-brkfst. Living boasts gas fireplace, accented double drs leading to 2nd bedrm, flr to ceiling window. Master features built-ins, ample closet space. Bath has heated ceramic flrs, custom glass enclosed shower, beautiful built-ins, dual pedestal sinks. Unique lighting fixtures, tankless water heater. Lge backyard w covered patio, CHICKEN COOP, 1 car garage w storage, window air-conditioner, gated driveway, extra parking.
Investor Tools
$535,000
Estimated Property Value
$258,082Estimated Mortgage Balance
$276,918Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,091
$497,000
2025
$353,340
$143,660
$497,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,091
$497,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$296,000
No
First
Nov 18, 2019
Dec 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,082
$276,918
51%
48%
$1,775/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,775/mo
+$245/mo
4.5%
12.4%