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$210,000

NAL Estimated Property Value

3616 Mt Vernon Ave, Fort Worth, TX, 76103

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,342 Sq Ft
price_per_sqft$156.48 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Yard, Storage
Lot Size5,018 sqft

Building Information

Year Built1945
Stories1
Garage Spaces1

Land Information

APN41270-19-2C
Lot Number2C
SubdivisionTandy Addition
Land UseResidential
Legal DescriptionTANDY ADDITION BLOCK 19 LOT 2C
Census Tract101500
Assessed Land Value$15,060
Assessed Improvement Value$194,940
Assessment Year2025

About this property

Cozy home nestled in the heart of Ft Worth. This 3 bedroom, 1 bathroom home offers an open concept living space with one bedroom on the main floor and 2 additional bedrooms upstairs. Upon entering the home, you are greeting with lots of light throughout. Updated with wood look tile flooring, new paint, tile backsplash and granite counters in the kitchen. The covered back porch is grand and spans across the back of the entire home. This property offers additional space off the street with a detached garage and an extra awning for parking and storage which is gated and private. The back yard is fully fenced and private to host family gatherings or get togethers. This would be a great home for a new family or a perfect investment property to acquire that passive income you have been wanting. Perfect location being minutes to downtown and all its amenities. Priced right and ready to sell, this home will not last long. Schedule to see it now!

Investor Tools

Property Icon
$210,000
Estimated Property Value
$209,062Estimated Mortgage Balance
$938Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,355
$210,000
2025
$15,060
$194,940
$210,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,355
$210,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$206,196
Yes
First
Jun 13, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,062
$938
0%
100%
$1,299/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,299/mo
+$628/mo
11.0%

City: Fort Worth

3616 Mt Vernon Ave | Property Details | No Agent List