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$320,000

NAL Estimated Property Value

3614 Gordon Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,764 Sq Ft
price_per_sqft$221.09 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Gas Water Heater, Tankless Water Heater

Exterior

Lot Size12,981 sqft

Building Information

Year Built1935
Garage Spaces3

Land Information

APN19080---12----5---20
Lot Number5-6
SubdivisionHomeland Addition
Land UseResidential
Legal DescriptionHOMELAND ADDITION BLOCK 12 LOT 5 & 6
Census Tract104803
Assessed Land Value$47,981
Assessed Improvement Value$135,362
Assessment Year2025

About this property

Opportunity knocks and it's collecting rent on arrival. Nestled in one of Fort Worth's most sought-after school corridors, this charming 3 bedroom, 2 bath home with an above garage apartment on a rare double lot delivers lifestyle, location, and built-in income all under one address. The main residence offers comfortable, functional living with three bedrooms and two full baths. Head downstairs to a full basement with flex space and an additional bath. The possibilities are as flexible as your vision. The crown jewel is a 700 square foot second floor garage apartment, a private casita tucked above the garage with its own alley access, offering complete separation from the main home. Currently generating $1,200 per month in rental income, this unit is as turnkey as it gets. Whether you are an investor looking to offset your mortgage or a homeowner who wants multigenerational living with true privacy, this secondary unit is a genuine asset. Practicality meets possibility with parking for four vehicles, plenty of room for owners and tenants alike, with alley entry keeping traffic and daily routines neatly divided between the two living spaces. Set on a double lot in the coveted Westcliff Elementary, McLean Middle, and Paschal High School attendance zone, this property checks every box: schools, space, separation, and supplemental income. Live in one. Rent the other. Build equity on both.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$606
$183,343
2025
$47,981
$135,362
$183,343
No

Tax History

Year
Tax Paid
Assessed Value
2025
$606
$183,343

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
7.2%

Learn About the Market: Opportunity in Fort Worth

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Explore

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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3614 Gordon Ave | Property Details | No Agent List