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$399,000

3705 Collinwood Avenue, Fort Worth, TX, 76107

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1946
Stories1
Garage Spaces2

Land Information

APN33270-4-19
Lot Number19
SubdivisionQueensborough Addition
Land UseResidential
Legal DescriptionQUEENSBOROUGH ADDITION BLOCK 4 LOT 19
Census Tract102700
Assessed Land Value$150,000
Assessed Improvement Value$167,000
Assessment Year2025

About this property

Cutest Arlington Heights cottage in Arlington Heights, close to Cultural district, Will Rogers, and Dickies Arena! 500 SQ FT GUEST HOUSE with full bath and kitchenette (House Sq footage - 1140 sq ft 2 bed 1.5, and 500 SQ ft backhouse 1 bed 1 bath). This is a home that lives much bigger than it's small footprint, and a tremendous amount of versatility. Remodeled and ready, it has NEWER WINDOWS (2023) AND NEWER ROOF (2020), and current owners did some upgrades while in the home as well. Large backyard is perfect for an entertaining space, and ready for new owners!

Investor Tools

$324,940Estimated Mortgage Balance
$70,060Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Mark Philpot

League Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,846
$317,000
2025
$150,000
$167,000
$317,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,846
$317,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Conventional
$336,510
No
First
Jul 23, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,940
$70,060
17%
82%
$2,018/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$2,018/mo
$-488/mo
4.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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