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Owner Contacts

$677,000

3612 Potomac Ave, Fort Worth, TX, 76107

Off Market

2 Beds

2 Bath

1,816 Sq Ft

Single Family Residence

$2.06 / sqft

Built in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan

FlooringCeramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesBarbecue, Rain Gutters

Lot Size7,697 sqft

Building Information

Year Built1939

Stories1

Garage Spaces1

Land Information

APN26480-15-8

Lot Number8

SubdivisionMonticello Addition-Fort Worth

Land UseResidential

Legal DescriptionMONTICELLO ADDITION-FORT WORTH BLOCK 15 LOT 8

Census Tract102101

Assessed Land Value$346,545

Assessed Improvement Value$280,573

Assessment Year2025

About this property

Electric car charger! Welcome to this immaculate Monticello cottage, offering the perfect mix of traditional charm and modern elegant upgrades throughout. The open concept living has 2 large bedrooms, hardwood floors, shutters, private bath, large sitting area, 2 closets in the master as well as a huge walk-in closet in the ensuite. Access to backyard through kitchen or primary bath. Living room with gas fire place. Dining room with corner built-ins. The newly renovated kitchen has island, granite counters, gas range, ceramic tile flooring & serving bar in breakfast area. Smart thermostat. Step into a peaceful oasis with lovely landscaping, turf, and an 8ft cedar privacy fence, the perfect setting for relaxation and outdoor gatherings. The property includes an oversized detached single garage, providing secure parking and additional storage space.

Investor Tools

$677,000

Estimated Property Value

$650,750Estimated Mortgage Balance

$39,664Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,062 /month

Positive

Cash Flow Estimate:

$1,354 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,455/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,072

$627,118

2025

$346,545

$280,573

$627,118

Tax History

Year

Tax Paid

Assessed Value

2024

$14,072

$627,118

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$650,750

First

Mar 14, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$637,336

$39,664

94%

$3,902/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$3,902/mo

$-2,372/mo

2.7%

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.

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