$307,000
NAL Estimated Property Value3701 Kelvin Ave, Fort Worth, TX, 76133
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Terrazzo, Tile
Exterior
Lot Size9,805 sqft
Building Information
Year Built1968
Stories1
Garage Spaces2
Land Information
APN39460-124-11
Lot Number11
SubdivisionSouth Hills Addition
Land UseResidential
Legal DescriptionSOUTH HILLS ADDITION BLOCK 124 LOT 11
Census Tract105502
Assessed Land Value$40,000
Assessed Improvement Value$200,000
Assessment Year2025
About this property
Gracious traditional Wedgwood home features 2 living, 2 dining, 4 bedrooms and 2.5 bathrooms as well as an air conditioned storage building. Located on a corner lot with established landscaping, ready for a new owner's touch. Formal living and dining areas overlook the the front yard, 2nd living area with gas log fireplace, vaulted ceiling and built-in desk and cabinetry. Unit in the expansive backyard can be used as an office, man-she cave or storage area. Recent foundation and plumbing repairs with transferable warranty.
Investor Tools
$307,000
Estimated Property Value
$277,736Estimated Mortgage Balance
$29,264Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,895 /month
Positive
Cash Flow Estimate:
$632 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,509
$240,000
2025
$40,000
$200,000
$240,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,509
$240,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$298,585
No
First
Aug 5, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,736
$29,264
9%
90%
$1,791/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,791/mo
+$229/mo
7.9%
