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$289,000

NAL Estimated Property Value

3706 Marks Place, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,594 Sq Ft
price_per_sqft$109.79 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCeramic Tile, Wood

Exterior

Lot Size7,401 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN34410-2-51
Lot Number51
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 2 LOT 51
Census Tract102302
Assessed Land Value$14,000
Assessed Improvement Value$188,192
Assessment Year2025

About this property

Texas-sized Potential! This older rancher needs attention, but has great bones. Corner lot, large fenced rear yard, convenient location, and bonus den off the kitchen.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$128,568Estimated Mortgage Balance
$160,432Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,537
$202,192
2025
$14,000
$188,192
$202,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,537
$202,192

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Jersey Lenders Corp
Conventional
$140,000
No
First
Jan 31, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,568
$160,432
55%
44%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$840/mo
+$1,087/mo
8.0%

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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3706 Marks Place | Property Details | No Agent List